Should governments feel it necessary to take direct actions to alleviate debt burdens, it is crucial that they understand one thing beforehand. If asset prices are unrealistically high, they must fall. If savings rates are unrealistically low, they must rise. If debts cannot be serviced, they must be written off. To deny this through the use of gimmicks and palliatives will only make things worse in the end
Bill White
BIS departing chief economist
jpmorgan warnns about anz first wave, page-13
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$29.83 |
Change
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Mkt cap ! $89.76B | |||
| Open | High | Low | Value | Volume |
| $29.70 | $29.91 | $29.63 | $101.8M | 3.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8199 | $29.82 |
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| Price($) | Vol. | No. |
|---|---|---|
| $29.83 | 28903 | 3 |
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