Posts Tagged ‘of exporting’

The illusion of the G20

globalbrain21248896028 It seems clear that this "prestigious" top twenty grouping (see 27) largest world economies will not address serious global economic dysfunction. The main problem is probably the disorganization and lack of strict central banks worldwide. It is assumed that the bubbles in financial assets are related to excess liquidity. Surplus created by two phenomena: low rates of Western central banks for more than a decade even in phases of strong growth, but excessive accumulation of foreign reserves of exporting countries. (more...)

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