| As the world gets bigger it seems to become ever more volatile. So its financial markets ride an endemic eight or nine rollercoaster with dizzying, white-knuckle peaks occurring in 1972, 1981, 1989, 1998, 2007-08 and now maybe in 2015 too. Once more, disappearing money flows are the culprits behind crashing stock markets.
We no longer appear slaves to defunct economists, as John Maynard Keynes prophesised. Instead, we are unattractively chained to a world money cycle. Capital flows, liquidity and swings in currencies matter for investors and risk managers as never before. Businesses cannot operate without cash and summing the amounts that are available to borrow and invest across world financial markets makes up global liquidity...............................................Full Article: Source
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