Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money
MishTalk
MARCH 31, 2014
Finance reports Yellen strongly defends easy Fed policies, cites U.S. trillion shadow-banking system, trust financing has been key to fueling the nation’s 10 percent annual growth rate in the past decade by providing easy credit to companies considered too risky by banks. Part of China’s $7.5 trillion yuan ($1.8 defaulted on its debt.
Let's personalize your content