Hello? Hello? Hello.........
Everyone seems so indulge with the share markets over the last 6 months that they have forgotten the "weapon of mass destruction" or WMD in short. The last I recall, it is about USD600 trillion in notional value. Well US and UK formed maybe more than 50 per cent of the said total.
Have we forgotten, structure investment vehichles, collateralised debt obligation, collateralised loan obligations, credit default swap, mortgage debt securities, accelerator, etc.
MyView
How can the quantitative easing solve this WMD. I have doubt anyone can stop it. Well, the only outcome is "financial tsunami or financial collapse" in the next few years as the world will enter into deflationary depression and follow by hyperinflationary depression with high unemploykment. Can the expert economists or analysts out there cover this subject in more details and enlighten the mass?
To be continue............
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