Dame does not post much anymore but when she does I listen. P>
Global central banks are preparing a coordinated action to provide liquidity to financial markets following the Greek election on Sunday if it becomes necessary, according to a report by Reuters, citing unnamed G20 sources. The markets and the euro are rallying on the news, with the Dow jumping as much as 180 points.>
> Wow, Dame....This is heavy!
> Do you all know what it means to provide liquidity? Simply put..."Have more cash on hand."
> Global Central banks are ready to use their profits from the IQD to support their failing, debt-stricken, cash-strapped banks.>
> How can they "provide liquidity" without a huge influx of cash from somewhere. Remember, if the richest people in the world all give up half their fortunes, it wouldnt pay for our yearly deficit in this country.
> You and I are not the only ones hungering for this thing to happen,people...hang in there!
> I have been looking for intel like this...
Posted by John MacHaffie at 3:26 PM 0 comments