Cheap ECB cash could prove to be the worst form of bailout

| September 6, 2012 | 0 Comments

Stemming the crisis through cheap central bank money sounds so easy. The logic goes: Italy and Spain have economic problems which cause markets to push up their borrowing costs, which now have reached “irrational” levels as fear has taken hold. If left unchecked, this could threaten the Eurozone and Europe‚Äôs economy. The European Central Bank, […]

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