Interview in CNBC, 05 jul 2013 discussing the risks of the financial system in China, the merits of US QE and similar actions available to the ECB.

Interview in CNBC, 05 jul 2013 discussing the risks of the financial system in China, the merits of US QE and similar actions available to the ECB.
Interview in CNBC 06 March 2014 discussing the decission of the ECB to hold interest rates
A few months ago in this blog I commented that the policy implemented by Japan to fight deflation is nothing new, and as such would not meet the expectations that consensus gave to the supposed magical solutions. And so it has been.
In 1982, Fleetwood Mac released an album called “Mirage”, giving a false impression of collaboration and partnership between the turmoil, hatred and grudges. Nevertheless, it sold several million copies. The mirage of our days may be the expectation of 2.9% growth in the United States in 2014. And it also sells a lot. Continue reading The US Growth Mirage