- Joined
- Jan 28, 2012
- Messages
- 16,386
- Reaction score
- 7,793
- Location
- Where I am now
- Gender
- Male
- Political Leaning
- Independent
If anyone had ANY doubt that the major world economies (and Japan's in particular) are propped up by central banks...within an hour of the Bank of Japan stating that they will not add stimulus, the Nikkei 225 plummeted almost 800 points.
And the DOW futures fell over 100 points as well.
Forget fundamentals guys and gals...our economies are run by the central banks. Organizations that can do almost anything they want and answer to virtually no one...exactly as the government's like it (no responsibility if they fail).
This will all end in tears.
And the DOW futures fell over 100 points as well.
Forget fundamentals guys and gals...our economies are run by the central banks. Organizations that can do almost anything they want and answer to virtually no one...exactly as the government's like it (no responsibility if they fail).
This will all end in tears.