Roots of progress & Rules of respect


Brilliant Narration by Bandyala

bandyala

International oil prices have come down dramatically in recent past and continue to face pressure in commodity markets around the world. Aftermath of 2008 financial crisis, United States and other major economic players eased their respective monitory policies significantly in order to save their economies from a steep dive into recession. Initially the monitory easing viewed and politically sold to citizens of those nations as jobs saving measures. Central banks led by Federal Reserve of US, coordinating with other main central banks so far been successful in being able to avoid any of the funds crunch scenarios of 2008. Speculators looking for next crash in stock markets will have to wait longer because it may never happen under current eased policy circumstances unless confidence erodes in the whole system. In other words, central banks standing by ready with a loaded bazooka of cash and happy to fire to rescue any…

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