Spiralling levels of debt may trigger global economic crisis, warns outgoing German finance minister

Spiralling levels of debt may trigger global economic crisis, warns outgoing German finance minister

Berlin: The outgoing German Finance Minister, Wolfgang Schaeuble, gave serious indications saying that the Central Banks like the European Reserve Bank and the US Federal Reserve have been attempting to inject trillions of dollars into the financial markets. Their attempts are giving rise to the formation of ‘new bubbles‘ which in itself is an invitation […]

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