Wednesday, 12 February 2014

Trust is in short supply between developed and emerging countries

Satyajit Das: Trust is in short supply between developed and emerging countries - The Independent: "Developed nations have chosen policies to devalue their currencies, through a combination of low interest rates and increasing the supply of money. These actions erode the value of sovereign bonds in which other nations, like China, Japan, Germany and others, have invested their savings."



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