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Thread: Central banks cut the interest rates to rescue the markets!
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[quote=ERENCIUS,329488]http://www.easybourse.com/bourse-actualite/marches/chinese-investments-badly-hurt-says-ambassador-to-us-537702 A good article on the subject. About your question, reducing interest rates is not really efficient to stabilize markets. It makes changes swift but no one can say in which way. Countries and regions (like Europe) completely lost control over the market that is now very difficult to rule. It has become an independent realm with no ruler since there is no law to limit it uniformly all other the world. There is the point I think. It will slowly collapse until it reaches the real economy level. Then we will see, but in the meantime something needs to be done, like building an international organization with a real delegation of power. No matter who helps who, if we don't cooperate, we'll fall together (though it is not a bad thing neither).[/quote]
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