18.08.20 08:33

ECB: On the Credit Wave towards Zombification

In this article Prof. Dr. Gunther Schnabl and Nils Sonneberg show, how ECB’s (Targeted) Longer-term Refinancing Operations ((T)LTROs) further zombify the European economy. In the long-run, this will deteriorate the real income prospects of young Europeans.

 

 



letzte Änderung: 21.10.2013