The Market Oracle logo The Market Oracle 3 weeks ago

Risk Trade Collapse Could Trigger Global Economic Depression

A lot of focus was given to the central banks’ meetings this week. That’s because a lot of people would really like to see target rates start moving up from their low levels. Full Article at The Market Oracle

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  1. Jean-Claude Trichet, President of the European Central Bank (ECB) addresses the media during his monthly news conference at the ECB headquarters in Frankfurt, December 3, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 06: Jean-Claude Trichet ,President of the European Central Bank, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  3. U.S. Federal Reserve Chairman Ben Bernanke smiles during comments made by a senator during a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination to continue as Chairman of the Board of Governors, on Capitol Hill in Washington, December 3, 2009.
  4. WASHINGTON - DECEMBER 03:  Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on his re-nomination to the position December 3, 2009 in Washington, DC.
  5. ST ANDREWS, SCOTLAND - NOVEMBER 07: The Chairman of the U.S. Federal Reserve Ben Bernanke (R) holds his hands to his face as U.S. Treasury secretary Timothy Geithner reads papers behind him during a break at the G20 Finance Ministers meeting on November 7, 2009 in St Andrews, Scotland.

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