Friday, Feb 12, 2010
Straight from the Horses mouth....
Der Spiegel: 'Everyone Is a Sinner at the Moment'
Interview with European Central Bank Chief Economist Jürgen Stark
Stark: The lower the interest rates, the bigger the incentive to borrow. Politicians think in terms of the short term, in terms of legislative periods. But interest rates will rise again in the medium and long term, which politicians should not forget.
Posted by braindeed @ 07:23 PM (225 views) Add Comment
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