Now is not the moment. The false quantitative mini-boom will not last. Share prices are being massively subsidised in the USA with an average $10 billion a day being released to buy shares by the Fed. This cannot go on forever, maybe another year but not more. The hope is that the real economy.. will be repaired by then, but there are simply too many debts.
Posted on The Tap Blog
Monday 5 October 2009
Cameron Can Bide His Time
