In simple economic terms, this advt tries to argue that the world is not going to crumble the way economic doomsayers throughout the world are predicting. Some points are worth noticing:
- There is no problem of liquidity: liquidity is there in the system because the world is saving a lot. It is there whether or not central banks are creating liquidity.
- Present EU problems will not hurt because they [and the world] are prepared in advance to handle them. It is not like the East Asian countries a decade back, where a bubble was allowed to bloat and then it burst suddenly.
- Financial gurus are focussing on negatives and predicting a doom while in the past they have not been able to predict recession. So it is just gloom talk.
- Who is right, the financial gurus [who are critical of countries that are printing money to raise liquidity] or the rating agencies [who give these very countries a stable rating]? Both can't be correct.
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