Telegraph
"Nobel Prize-winning economist Joseph Stiglitz has said the US government's second bout of quantitative easing poses 'considerable' risks to global economies.
“Unintentionally, QE2 is leading to a fragmentation of global financial markets because each country takes actions to protect itself,” Mr Stiglitz said. “As more and more do that, it puts more and more pressure on those that don’t, and they will eventually be forced to take some form of action.”
No comments:
Post a Comment