Roubini sees only one way out
Genevieve Signoret
20 November 2011
Roubini writes in FT’s The A-List:
Only if the ECB became an unlimited lender of last resort and cut policy rates to zero, combined with a fall in the value of the euro to parity with the dollar, plus a fiscal stimulus in Germany and the eurozone core while the periphery implements austerity, could we perhaps stop the upcoming disaster.
Perhaps.
Comentarios: Deje su comentario.