Deutsche Bank’s Shocking Admission: "QE In Europe Will Be Ineffective"

Euroglut: a new phase of global imbalances This report argues that both “secular stagnation” and “normalization” are incomplete frameworks for understanding the post-crisis world. Instead, “Euroglut” – the global imbalance created by Europe’s massive current account surplus will be the defining v…

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Deutsche Bank’s Shocking Admission: "QE In Europe Will Be Ineffective"