An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, August 25, 2017
Elvira Nabiullina — Bank of Russia's strategic objectives and plans for the next five years
Speech by Ms Elvira Nabiullina, Governor of the Bank of Russia, at the International Financial Congress, Moscow, 13 July 2017.
"Indeed, after a long period of crises and stagnation, the global economy is entering a new cycle. But what is the aftermath?
ReplyDeleteFirst. A higher debt load than in 2007. In developed economies, the primary problem is government debt...."
LOL!