DESPITE having spent US$10 trillion in trying to stimulate their economies and fighting financial crises, central banks are still faced with the prospect of slower global growth and loads of debt.
“The tidal wave of cheap money has played a huge role in generating growth in many countries, cutting unemployment and preventing panic.
“But it has not been able to do away with days like Monday (June 29 – banks were closed in Greece on the eve of its default to the International Monetary Fund), when fear again coursed through global financial markets.
“The main causes of the steep declines in stock and bond markets were announcements (relating to inability to repay debts) out of Greece and Puerto Rico.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
“The tidal wave of cheap money has played a huge role in generating growth in many countries, cutting unemployment and preventing panic.
“But it has not been able to do away with days like Monday (June 29 – banks were closed in Greece on the eve of its default to the International Monetary Fund), when fear again coursed through global financial markets.
“The main causes of the steep declines in stock and bond markets were announcements (relating to inability to repay debts) out of Greece and Puerto Rico.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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