: :inin Kyiv (EET)

Loads of Debt: A Global Ailment With Few Cures


Photo Protesters wave a Greek flag and an “Estelada” (Catalonian separatist flag) in front of the parliament building in Athens on Monday. Stunned Greeks faced shuttered banks, long supermarket lines and overwhelming uncertainty as a breakdown in talks between Athens and its international creditors plunged the country deep into crisis. Credit Marko Djurica/Reuters There are some problems that not even $10 trillion can solve.
That gargantuan sum of money is what central banks around the world have spent in recent years as they have tried to stimulate their economies and fight financial crises. The tidal wave of cheap money has played …read more

Source: Iranian.com

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