I disse tider er det lett å se mørkt på det:
– Dette representerer ikke hele Handelsbankens syn, men hvis du spør meg personlig er jeg redd for at det er ”60-40”. Og førti prosent er jo veldig høyt for et virkelig krisescenario, sier han.
Det var Knut Anton Mork, Handelsbanken, i dagen dn.no.
Famous economist Nouriel Roubini wrote on Twitter after the data came out that euro zone politicians were «hell-bent to commit growth harakiri» as «financial engineering without growth soon will lead to defaults and euro zone break-up.»
Dr. Doom på Twitter etter at industriproduksjonen steg mindre enn ventet i EU.
Chancellor Angela Merkel said on Saturday that the European Central Bank has just one mission — to ensure monetary stability.
Merkel said in a speech to her Christian Democrats in Braunschweig on Saturday that treaties prevent the ECB from taking on any other tasks, such as those such as the U.S. Federal Reserve have.
Det er Angela Merkel som skyter seg selv i foten (med vilje? aldri lett å tolke Brüsselpolitikk).
Fiscal expansions in the wake of the crises can add to these problems, by piling government debt on top of private debt and sometimes threatening a sovereign crisis.All this reduces the effectiveness of monetary policy in dealing with the bust and exacerbates its unwelcome side-effects. These become apparent once the easing is taken too far after averting the implosion of the financial system. The economy needs balance-sheet repair, but very low interest rates together with ample central bank funding and asset purchases delay the recognition of losses and the repayment of debt. Too much capital has been accumulated in the wrong sectors, but the easing tends to favour investment in the very longlived assets in excess supply (eg construction). The bloated financial sector needs to shrink, but the easing numbs the incentives to do so and may even encourage punting.
Det er Bank for International Settlements (BIS) som nærmer seg «Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.»
Som sagt, altfor lett å se mørkt på det.