Wednesday, March 08, 2006

Long Term Rates Rising

http://www.smh.com.au/news/business/the-ground-shifts--longterm-rates-on-the-rise/2006/03/07/1141701513128.html

An article from the Sydney Morning Herald which I believe is a good pointer to the world economy being past the peak of monetary expansion and being in the early part of a monetary contraction.
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