"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades
"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald
"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden
"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints
Sunday, December 14, 2014
Thursday, December 4, 2014
Sunday, November 23, 2014
- the Russian CB jacked its one-week repo-rate (9 percent to 10.5 percent), its key rate (from 8 percent to 9.5 percent), and its deposit rate (from 7 percent to 8.5 percent).
- the BOJ decided to triple purchases of stocks and property funds (ETFs and REITs), extend bond maturities from 4-7 years to 7-10 years, and raised the bond purchases ceiling from Y30 Trillion to Y80 Trillion,
- the PBOC said cut its main rate for the first time since 2012.