Tuesday, April 28, 2015

We live in a world of too much Supply and little Demand

Central banks have had no choice but to approve -and should maintain - heterodox policies given the weakness of the recovery.

Who could think that six years after the global financial crisis, most advanced economies continue floating in a soup of letters (ZIRP, QE, CE, FG, NDR and U-FX Int) of unorthodox monetary policies?

read more (in Spanish) at : http://gestion.pe/economia/roubini-vivimos-mundo-demasiada-oferta-y-poca-demanda-2130059

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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