Dr Doom says quantitative easing will create zombie banks, firms and borrowers

Nouriel Roubini, the economist dubbed “Dr Doom” for predicting the credit crunch, has sounded a stark warning about the long-term effects of relying on quantitative easing to keep crisis-hit western economies afloat. At a lively debate in Davos, Roubini, who runs a New York-based consultancy, sai…

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Dr Doom says quantitative easing will create zombie banks, firms and borrowers

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