Re: Re: IMF Chief18 Jul 2019 17:08
Crowcast l wrote about what Lagarde is gonna do. "Carry on with liquidity injections and negative rates stagnating the economy
or back to normal monetary policy and end the current artificial low rates."
Your reply was typical, a load of bluster about interest rates not only in Europe but US and world wide. You then concluded by asking me what I would do.
I'm not in charge of the ECB, she is going to be in charge of European rates, not US not Japanese not even the Swedish rate who set their own. Although they are obligated to join the Eurozone when they meet the necessary conditions, but as you know they're in no hurry with that one lol, wonder why.
All of your reply has absolutely nothing to do with my statement about Christine Lagarde.
Also don't recall mentioning tariffs which was more diversion to admit that Europe is woefully ill equipped to deal with the forthcoming downturn.
More so than other global area's as their interest rates now are ZERO, and their banks haven't even recovered since 2008.
Instead of asking me, seems you have all the answers, so over to you.
Please read the posts and reply accordingly that is if want to reply, it would help greatly for all concerned.