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There's difficulty but we're not in a crisis – Akufo-Addo

Comment: Re: STUBBORN NANA ADO REDUCE UR MINISTERS

Author:
METHINKS
Date:
2018-09-24 20:18:35
Comment to:
STUBBORN NANA ADO REDUCE UR MINISTERS


It's not ministers. It is stated clearly; rise in the price of crude from $57 to $78 and the strengthening of the dollar as a result of the Federal Reserve increasing the interest rate, which has led to reverse flow of dollar investment into the US.
The question that needs to be answered is, this dollar repatriation into US assets, bonds or treasuries or whatever instrument it is, is it a true picture of the global economy given what is happening with regards to the trade wars and the nature of economies? Second, does it make sense to continue to patronize oil contracts in dollars when there are alternatives, which will automatically bring some relief to the forex and stability? It has zilch to do with ministers, zilch.

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09-24 15:36
 
 
 
 
 
Re: STUBBORN NANA ADO REDUCE UR MINISTERS
METHINKS
09-24 20:18