ECB Interest Rates

Interest Rates

May 6 (Bloomberg) — The euro weakened against the dollar for a second day on speculation the European Central Bank policy makers will lower interest rates tomorrow and consider other measures to stimulate growth.

The ECB will at least announce something unusual. In terms of policy measures, they’ll be discussing the types of measures that [...]

The False GDP of USA

Tun Dr Mahathir bin Mohamad wrote in his Weblog about The Banking System and The Fasle Economy.

This is the second installment in a series on the trends that led to the present financial crisis.
1. Another contributor towards the per capita and GDP of the rich countries is the banking business.
2. Banks are apparently allowed to [...]