The Traderszone Network

Published in TZ Latest News 12 January, 2015 by The TZ Newswire Staff

Germany’s Sinn Blasts "Deflation Is Just A Pretext To Bailout Southern Europe"

Germany could end up in a position where it would be constitutionally bound to leave the euro area, warns the IFO economic institute’s Hans-Werner Sinn, which would force “somebody to give in and that would be the ECB.” Sinn blasts the looming decision of ECB QE as an excuse to help weaker nations, exclaiming, as Bloomberg reports, “the risk of deflation is just a pretext for quantitative easing, for hammering out a bailout program for southern E

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