01-03-2004, 07:22 AM
My friend its just all a game of economics...
.... a high rate of return on borrowing cannot be sustained when there is enough liquidity in the market....
.... and supply and demand dictate lower prices i.e. lower interest rates...
... there are so many factors to it that it would need a whole sale discussion of economic policies - fiscal and monetary, exchange rates, inflation, supply and demand of factors, economic growth, reserves position etc etc.
..... hopefully that period wont return...
As far as your investment in local banks is concerned... (I guess this is your point of worry), better invest in real estate or commodities... can also play in forex
cheers
NB. This is no advice,.... do it at your own RISK. )
.... a high rate of return on borrowing cannot be sustained when there is enough liquidity in the market....
.... and supply and demand dictate lower prices i.e. lower interest rates...
... there are so many factors to it that it would need a whole sale discussion of economic policies - fiscal and monetary, exchange rates, inflation, supply and demand of factors, economic growth, reserves position etc etc.
..... hopefully that period wont return...
As far as your investment in local banks is concerned... (I guess this is your point of worry), better invest in real estate or commodities... can also play in forex
cheers
NB. This is no advice,.... do it at your own RISK. )
