‘Europe’s A Fragile Bubble’, Citi’s Buiter Warns Of Unrealistic Complacency

Citi’s Willem Buiter sums it all up: “…the improvement in sentiment appears to have long overshot its fundamental basis and was driven in part by unrealistic policy and growth expectations, an abundance of liquidity and an increasingly frantic search for yield. The key word in the recovery…

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‘Europe’s A Fragile Bubble’, Citi’s Buiter Warns Of Unrealistic Complacency

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