Trouble Ahead? Easy Money vs. Turkey 1:0
January 30, 2011 at 13:41 PM EST
While the US, Japan and Europe slashed interest rates to unprecedented low levels, growth remains sluggish. Dealing with debt problems and supporting the recovery, the ECB provided money to quasi-finance the euro area problem children. Similarly the Federal Reserve is trying to jump start the economy and has been flooding markets with money so that [...]