Banks saved, but Europe risks "losing a generation" - Yahoo! Finance
Banks saved, but Europe risks "losing a generation" - Yahoo! Finance
Here is the problem, the banks, in order to be saved, sacrificed many young people. And growth must be slow for the banks to be maintained, because the Central Banks no longer have a means of fighting inflation by raising interest rates. They have to keep interest rates low to protect their loans and their interest rate swaps. So we, MainStreet, are screwed.
Here is the problem, the banks, in order to be saved, sacrificed many young people. And growth must be slow for the banks to be maintained, because the Central Banks no longer have a means of fighting inflation by raising interest rates. They have to keep interest rates low to protect their loans and their interest rate swaps. So we, MainStreet, are screwed.
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