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WORLD CENTRAL BANKS ON 'RED ALERT'
TBI ^ | 8-2-2012 | Joe Weisenthal

Posted on 08/02/2012 1:43:05 PM PDT by blam

WORLD CENTRAL BANKS ON 'RED ALERT'

Joe Weisenthal
Aug. 2, 2012, 4:15 PM

Jon Hilsenrath, the world's best central bank reporter, says that the conclusion from this week is that the world's big central banks (the Fed and the ECB, natch) are on 'red alert' over the state of the US economy.

From WSJ:

Ben Bernanke and Mario Draghi, with words but not yet actions, demonstrated this week that they are on red alert about the global economy.

Expectations are now high that Mr. Bernanke's Federal Reserve and Mr. Draghi's European Central Bank will act soon to address those worries. But both face immense tactical and political challenges and neither has a handbook to follow.

Click here to see the whole report

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: bernanke; centralbanks; economy; finance

1 posted on 08/02/2012 1:43:10 PM PDT by blam
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To: blam

Create a crisis, and then make it even worse, by trying to fix it.


2 posted on 08/02/2012 1:46:06 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker
then make it even worse, by trying pretending to try to fix it.
3 posted on 08/02/2012 1:52:24 PM PDT by grobdriver (Proud Member, Party of NO! Nobama, No Way, No How!)
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To: stephenjohnbanker
"Create a crisis, and then make it even worse, by trying to fix it."

"Never let a crisis go to waste."
4 posted on 08/02/2012 1:53:03 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: grobdriver

” then make it even worse, by trying PRETENDINGg to try to fix it. “

Correct


5 posted on 08/02/2012 1:54:44 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Kartographer

Right before the election, this or some other manufactured crisis will.....like magic, surface.


6 posted on 08/02/2012 1:55:48 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker

You can fool some of the people all of the time, all of the people some of the time, but you can’t fool all of the people all of the time.


7 posted on 08/02/2012 2:03:31 PM PDT by griswold3 (Big Government does not tolerate rivals.)
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To: blam

Posted yesterday - so applies to yesterday’s market

Todays Stock Market Activity Is EXACTLY What Happened Days Before 911, – Video

http://beforeitsnews.com/economy/2012/08/this-is-exactly-what-happened-days-before-911-at-10-am-the-stock-exchange-trading-went-off-the-charts-video-2444664.html


8 posted on 08/02/2012 2:22:26 PM PDT by Whenifhow
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To: grobdriver

But first you blame it on others


9 posted on 08/02/2012 2:48:43 PM PDT by funfan
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To: Whenifhow
prolly the only people that made money of those trades yesterday were the brokers on their commissions... churning makes money
10 posted on 08/02/2012 3:12:04 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: blam
Just sit back and enjoy the ride you paid for. `In the long run, we're all dead.' JM Keynes
11 posted on 08/02/2012 3:47:02 PM PDT by tumblindice (Sic Semper Tyrannis)
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To: All


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12 posted on 08/02/2012 3:49:27 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: blam

Why’s Hilsenrath MOPEing about? He should just tell Ben what to do.


13 posted on 08/02/2012 5:41:08 PM PDT by Stentor
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To: griswold3
"You can fool some of the people all of the time, all of the people some of the time, but you can’t fool all of the people all of the time."

If you can fool enough of the people enough of the time, you can get elected president. - cc
14 posted on 08/03/2012 12:51:15 AM PDT by clearcarbon
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To: blam; Son House; Perdogg; stephenjohnbanker; M. Espinola; FreedomPoster; Grampa Dave
Central banks are 110% responsible for everything. Bastards and greedy jerks run them for their own profits. Slimy, greedy profiteers are in charge of our economy and our corrupt political system. Just another symptom of a total freaking breakdown and economic collapse coming very soon:

$ 450 Million Knight Trading Loss Shows Cracks in Equity Markets !

It only took 45 minutes to wipe out $ 450 Million

15 posted on 08/03/2012 5:01:50 AM PDT by ex-Texan (The Time to "Wake Up" is Over !)
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