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Old 11-30-2011, 02:00 PM   #63 (permalink)
Beingist
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Quote:
Originally Posted by Peterw View Post
Coordinated global c.bank liquidity drive:

Instant view: Coordinated global c.bank liquidity drive | Reuters

EURO up 230 pips in just under an hour... I caught some of this move up



I'm shorting it back down now...
Wow.

Well, of course this was to be expected. The financial system is global, after all, which is to say that the bankers now have all the world's money to play with, so, of course, they'll "come to the rescue".

Still makes me wonder what it's going to take to make it all come crashing down. As far as I'm concerned, it has to.
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