Financial Standard Comments - Dangerous currents Global equity markets rallied following news that the European Central Bank, in coordination with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, is extending liquidity to banks in the Eurozone. https://www.financialstandard.com.au/feed/latest?story=12349826 Fri, 16 Sep 2011 16:35:26 +1000 Fri, 16 Sep 2011 16:35:26 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Paul () I used to like reading your articles much more when you were positive. Seems like you have turned over night into another of the doom and gloomists! Just goes to show though how you can pick and choose your stats to justify being either positive or negative. 3 months ago you would have been talking up the positives like great company profits and balance sheets now its all doom and gloom " Fudging Macro econometric models" " Emploment Destruction" Please spare me!! Have you recently sold your share portfolio and are waiting for another 20 % fall before buying back in like many others? if so you may have got it wrong!!

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]]> Paul () Fri, 16 Sep 2011 16:35:26 +1000 Comment by OBVUS () I wonder if any of these US$ loans will be used by the European banks to pay fines for selling junk mortgages to Fannie and Freddie.The Tea Party members will bounce off the walls in Congress when they realize Ben Bernanke has done it again and helped those Europeans.Mind you when you control the printing presses of the world currency you are obliged to make it circulate.

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]]> OBVUS () Fri, 16 Sep 2011 17:15:17 +1000