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Markets Float on a Tidal Wave of Cash
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Markets Float on a Tidal Wave of Cash

Philip Bowring's avatar
Philip Bowring
Jun 12, 2009
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Asia Sentinel
Asia Sentinel
Markets Float on a Tidal Wave of Cash
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Throwing vast quantities of cash at the markets has certainly rescued banking systems from total meltdowns and created a new boom in stock markets, particularly those in emerging markets such as China, and in commodities.

However, it looks ever less likely that fundamental problems are being resolved and a new day of reckoning may be getting closer.

Asia …

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