19.07.2013 - A sovereign wealth fund can save the UK from market meltdown
Ben Bernanke suggested in June that the pace of quantitative easing might slow by the end of the year. Global markets dropped by 4 per cent in two days. It has taken several weeks and carefully reassuring congressional testimony from the US Federal Reserve chairman to calm them. Asset price movements of this kind are not unusual but they are hard to explain with conventional economic theory. Sometimes they turn into financial tsunamis, like the 2008 crisis, which leave devastation and misery in their wake...............................................Full Article: Source
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