rambhai.com - Global Cash Crunch ?

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Business: Global Cash Crunch ?

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posted by veronica_princess 1748 days ago

There seems to be a deficit of currency globally as Central banks intervene to tackle the situation...
3 comments | category: Business | Add this link to... | tell a friend | bakwaas

comments

| written by garfield79 1747 days ago Rating: 0 | Rate comment: + -

Hey Veronica link is not working. Do you mean there is not enough paper in circulation?
| written by nameless_wanderer 1747 days ago Rating: 0 | Rate comment: + -

Might be referring to the liquidity crunch that led markets to a crash globally last week
| written by wdm2a 1745 days ago Rating: 0 | Rate comment: + -

Nice to see some good posts after a while, otherwise I dread coming to Rambhai.com as these days, its becoming more or less a 'softporn' whiteboard.

The quality of the past few months is no where close these days...

Secondly, I dont think its Cash Crunch, its rather market correction due to the US 'subprime mortgage meltdown' which sent a cascading effect on the indexes worldwide, as investors across the world went on selling spree, and the banks became skeptical and started refusing lenders..

Its a misguiding title, I shall say.

However thankfully, as of now it seems to be recovering from it as I do see Green everywhere.

Keep posting ma'm.