This is a "race to the bottom" by world central banks. There are no winners here and the only saviour for the world's financial system is for the adaption of a gold backed international trading currency. I wont blather on about this as it has been so well discussed in recent times. BTW did anyone read the item on BLK in the week end Finfeed? Well worth a look.
BLK Price at posting:
88.5¢ Sentiment: Buy Disclosure: Held