-------------------------
. If China the Global Factory slows , Global Mines, Australia will also slow.
. China however is becoming the World's financier and investor.
. Up to few months ago, IMF, BIS was calling on Central Banks to up interest rate
. But with new double dip possibility, CB is holding on interest rate increase.
. However its not so much in stimulating new demand
. But making less demand on existing debt holders.
. For savings to occur.
. And deterring hot money seeking for high "fixed deposit" in countries with relatively higher interest rate.
No comments:
Post a Comment