La realidad es que el modelo económico de "libre mercado" que NO es libre, hace agua. Pero esta vez, amenaza con llevarse consigo mismo a muchas de las economías "globalizadas". En poco más de dos meses se han inyectado más de $500,000 millones de dólares a los mercados más importantes del mundo, y aún así Financial Times declara que "al parecer" hay signos de que la liquidez en los mercados de crédito se está "secando" de nuevo. Esto por supuesto es falso, porque la crisis no es de liquidez, es de SOLVENCIA. ¿Qué harán, seguir inyectando dinero por siempre? ¿Seguir tapando hoyos? Al parecer, esta crisis no ha golpeado con toda su fuerza todavía.
Fresh emergency action to pump funds into the money markets was announced on Friday night by the European Central Bank amid renewed fears that liquidity in the credit markets is again starting to dry up.
On Friday night, the bank said it would inject an unspecified amount of extra liquidity next week, noting “re-emerging tensions” – and would do so until at least the end of the year.
Earlier, Jean-Claude Trichet, ECB president, had pledged continuing action to keep short-term money market interest rates in line with its main policy rate.
The new promise of intervention came as three-month US interbank rates rose for the eighth day in a row to 5.04 per cent, more than half a point higher than the US Fed Funds target rate of 4.5 per cent.
Three-month money usually trades just above the Fed Funds rate which is 4.5 per cent. Europe and UK money markets are showing similar strains.
Continuing problems in the markets were highlighted again on Friday as key interest-rate indicators hit fresh highs while the dollar plumbed new lows against the euro, falling to a record low of $1.4966.
The credit squeeze is also showing signs of dragging down eurozone economic growth, according to a closely watched survey published on Friday.
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