January 30, 2011 at 13:41 PM EST
Trouble Ahead? Easy Money vs. Turkey 1:0
While the US, Japan and Europe slashed interest rates to unprecedented low levels, growth remains sluggish. Dealing with debt problems and supporting the recovery, the ECB provided money to quasi-finance the euro area problem children. Similarly the Federal Reserve is trying to jump start the economy and has been flooding markets with money so that [...]
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