Can the Forex Markets Get Worse? - forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Thursday, 12 March 2009

Can the Forex Markets Get Worse?

Probably, but not likely.An interesting report came out from the Blackstone Group. (http://www.blackstone.com)Stephen Schwarzman, Blackstone's CEO, said on Tuesday that, �Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half. This is absolutely unprecedented in our lifetime.�After laying much of the blame for today's financial crises at the foot

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