Posts Tagged ‘Socrates’

Notes From Underground: Did Socrates Drink the POISON of a European Bailout?

April 6, 2011

Tomorrow will bring interest rate announcements from two key central banks, okay three , if we count the BOJ but the Japanese have so many problems it is a forgone conclusion that Mr. SHIRAKAWA will hold the line and, if anything, find away to flood the market with more liquidity. The Bank of England (BOE) will announce at 6:00 a.m. Chicago time. Though there are a few analysts who think the Mervyn King-led BANK will raise to head off the increase in inflation, I would say that the chances are maybe 5 percent.

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