Must be the damn drug trade funneling $60B into the economy untaxed.
RT: [eksit101] Is the #ENDTHEFED victories the October surprise? Just all seems fishy. #NWO #RESTORETHEREPUBLIC http://t.co/UXpSahotsE f...
— #New World Order (@nwohashtag) October 1, 2013
IMF Candidate Carstens Winning Over Bond Investors at Home: Mexico Credit
Carstens’s “credibility has been enhanced,” Pablo Cisilino, who helps manage $22 billion in emerging-market debt
at Stone Harbor Investment in New York, said in a telephone
interview. “Carstens came out and said we’re going to stay put
and inflation is not going to pick up, it’s going to come down.
Something that you’ve been predicting happens, your credibility
gets enhanced.”
“It definitely says that the market is perfectly happy
with the way that Carstens is conducting monetary policy,”
Kieran Curtis, who helps manage more than $3 billion of
emerging-market assets, including peso debt, at Aviva Investors
in London, said in a telephone interview. “No change for still
a reasonable period of time is quite a reasonable sort of policy
outlook to expect.”
“Weak” economic growth is more responsible for the
decline in consumer prices in Mexico than Carstens, said Benito Berber, Latin America strategist at Nomura Securities.
Read more at www.bloomberg.comMexico has nominated Carstens, who was deputy managing
director at the IMF from 2003 to 2006, to replace Dominique Strauss-Kahn, who resigned as head of the organization last week
to defend himself against criminal charges including attempted
rape. French Finance Minister Christine Lagarde, who is also
seeking the top job at the Washington-based Fund, has won
endorsements from European countries including the U.K., Germany
and Sweden.