Summary | The interest rate is high enough to be used to manage
the economy – like an effective drug.No surgeon would carry out
microscopic surgery using a time-lagged video camera.The
markets will therefore sense an economic turnaround well before
we see them in the numbers.So the bombed out Russian economy
may improve next year as Greece did this year.If the new ...
the economy – like an effective drug.No surgeon would carry out
microscopic surgery using a time-lagged video camera.The
markets will therefore sense an economic turnaround well before
we see them in the numbers.So the bombed out Russian economy
may improve next year as Greece did this year.If the new ...
scmp.com | 01 December 2015