 |
| Picture: Street scene in Tokyo, Japan |
"After 25 years of stagnation, Japan is attempting to reinvigorate its economy by engaging in quantitative easing on an unprecedented scale.It is a risky experiement: faster economic growth could drive up interest rates, making debt-servicing costs unsustainable"
Source: China, not the euro, is worlds major uncertainty
By George Soros
Project Syndicate
The Australian Financial Review
Friday December 27th, 2013 - 2nd January 2014, page 55
No comments:
Post a Comment