The American Empire in a Changing World


Monday, June 25, 2012

''The world’s central banks are running out of road''

From Reuters

''In the global economic crisis, central bankers are often portrayed as superheroes. Mario Draghi: the only man who can save the euro zone. Ben Bernanke: “please do more” for the U.S. economy. The Bank for International Settlements is unhappy with the image of omnipotence: its latest annual report laments that central bank money-printing and support for the financial sector are reaching their limits.''

read more 

No comments:

Post a Comment