27 août 2011 14

ECB: no more bets! More…

Rédigé par jp-chevallier dans la rubrique Banques Européennes, English

The situation is out of control in the euro zone, as I have been writing it for a while… The interbank market does not work because euro-zone banks managers have lost confidence in other banks. So they keep their cash in US$ rather than lending it to other banks that need it as they would [...]

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