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Posts by "carlco"
193 Posts Total by "carlco":
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Posts by Anonymous "carlco":
i traded hsbc and standard charter options through this.
Q. As in Japans lost decade, I believe we are heading for a world of stagflation, this 0% interest rate policy i don't really understand the mechanics of it. My point is if it didn't work in Japan with a busted banking system and the rest of the world on boom, how is it going to work now ? Are we to rely on South America, India, Africa, Australia, Russia and China, to drag us out of recession ?
Q. Wouldn't it be best, bizarrely, if the US began raising interest rates now? that would be good for the dollar right? lowering oil prices and getting things moving ?
oh btw, i was listening to a podcast on companies Chapter11's in the US, the banks are sweeping accounts of some medium size firms for all their working capital, even when their assets are 10 times the borrowings, no wonder the West has come to a standstill, this example was a boat builder worth about 500-600 million, borrowings of 60million, it's a disgrace.