How Bad Will It Get?

Enrico Orlandini
Mar 12, 2007
written on Mar 8, 2007

If you have any involvement in the equities markets, I’m sure you’ve noticed that things were a bit rough last week and have yet to really settle down. The reason du jour is China. If you read the comments coming out of Washington lately you’ll know that China is responsible for everything from global warming to the common cold. Supposedly they are going to slow their economy down and that will lead to less of everything for everybody. I’m not sure I buy that argument, but it was in all the papers. Right behind China in the blame game, we have what is euphemistically referred to as the “Yen carry trade”. That’s where you borrow money from Japan at very low rates and loan it out at much high rates.

full story and graphs here

Posted in Uncategorized

version

Next Post

Phrase “New World Order” Used On Sky News Regarding Pact Between Australia and Japan

Wed Mar 14 , 2007
On the 13th of March, Sky News began the news of an historic security agreement between Australia and Japan by using the phrase: “New World Order.” Last Update: Tuesday, March 13, 2007. 6:31pm (AEDT) PM meets with Japanese soldiers before signing pact By Shane McLeod Prime Minister John Howard has […]
//