The Forum > General Discussion > Drunken Ben Bernake Finally Tells the Truth.
Drunken Ben Bernake Finally Tells the Truth.
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Volatility is the key word here. Preceding the 2008 GFC the global market went through a prolonged phase of volatility trying to maintain its balance on the tightrope. It was atime of regular dives followed by "recoveries". We're probably witnessing the first wobble in the latest crisis - as confidence crumbles, governments will again seek to artificially stimulate the market by pumping in billions to keep the them afloat. However, we don't seem to have learned anything from the GFC so history is set to repeat itself.
http://www.cnbc.com/id/44031717