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http://www.rolfsuey.com/2015/09/what-is-fuss-over-fed-rate-hike-and-its.html
if there is a downturn, they will have no more interest rate tools to rectify the situation, and it may lead to financial catastrophes! If depression really takes place, it can be even more disastrous than that in 1930s. This is because the world is more interconnected today than 80 over years ago. Singapore will not be spared due to our open economy!
if there is a downturn, they will have no more interest rate tools to rectify the situation, and it may lead to financial catastrophes! If depression really takes place, it can be even more disastrous than that in 1930s. This is because the world is more interconnected today than 80 over years ago. Singapore will not be spared due to our open economy!
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