Wednesday, July 6, 2011

Too much money or Too little money

Snapshot Summary
-------------------------
. UK : No case for rate rise.
. At least in the Northern Western Hemisphere
. Australia is too delaying rate rise.
. Too dependent on Mining Industry & by its implication dependency on China as well.
. Money supply is not everything
. But without it, economy dies as well.

http://www.businesscornwall.co.uk/news-categories/cornish-economy-news-categories/no-case-for-rate-rise-123

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