Originally Posted by
alokdhir
Bank economists are getting very worried I am told ...Blackrock is also very negative US markets ...Govt future financing needs and China recalling foreign sovereign debt is causing lot of concern to them for stability of financial markets ....Just thinking a small country like NZ has budgeted $20B EXTRA borrowing in next 4 years ...from where ? and will more cash requirements put more pressure on rates thus starting a vicious cycle ...main source of sovereign debt buyer China maybe start holding hand for various reasons ...they are painting a difficult conditions ahead ...Stagflation...what not ...but is it too much worrying or it gets darkest before dawn syndrome ??