Q. E,. A Catastrophe for the world!!

  1. 8,557 Posts.
    As Carl Icon stated this morning !" Something very bad will come out of this "! Q.E. couldent work as printing money without the attatched!!!! production , results in chaos The basic laws of economics have been perverted by the American Federal Reserve and now the EEC., The results are clear to see ! Massively inflated commodity prices which have collapsed and effectually destroyed economies such as Aust. South Africa, Canada etc,, and many other s.e. Asian countries !! Good one ! Mr Greenspan etc The effect here in Australia is so bad that our stockmarket is down over 20% and a BLUE Chip Bank stock such as CBA. is down nearly 30PERCENT!! But as usual aust. is in denial! Interesting if Wall st falls again overnite!
 
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