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Wednesday, 24 August 2016

Negative Interest Rates Aggravate Global Economy

The tool of negative interest rates has not worked, but has spread to dangerous levels. If the current global crisis bailout methods are not fundamentally reformed, and the old policy options continue to be applied, the possibility of another global crisis in the future can not be ruled out.

Zhang Monan, Researcher, China Int'l Economic Exchanges Center via CHINA US Focus http://ift.tt/2c5ARDC

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