Friday, March 4, 2011
Bundesbamk chief highlights problems of debt
Weber tells cbankers meeting: worse imbalances loom
"Friday's gathering came a day after the European Central Bank said it could soon raise interest rates, heightening concerns about the implications for struggling euro zone countries as EU leaders strive to resolve the debt crisis"."Many of them point the finger squarely at the U.S. Federal Reserve's new round of money printing via a $600 billion (369 billion pound) bond purchase programme as the cause behind a wave of "hot money" inflows that risk destabilising their economies".
Posted by alan @ 11:13 AM (1057 views)
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general congreve says:
More wheels coming off action, great stuff. Keep it up Alan.