Financial Coaching - Exactly Like Braces
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To sum up, large volumes of Fed-provided quantitative easing and rosy economic numbers are the fuel driving markets higher. Now Europe as well as the European Central Bank (ECB) have joined the fray. Supposedly close to $1trillion of liquidity seem thrown into the gaping mouth of the debt monster.
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Short-term interbank rates skyrocketed, and these people have a growing risk that Chinese enterprises, especially smaller ones, may not be able to get enough capital to finance operations and expansions. Chinese growth is already slowing, it's banking system's coughing fit threatens to slow growth further.
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