December 27, 2013

George Soros: Japans QE a risky experiment

Picture: Street scene in Tokyo, Japan

"After 25 years of stagnation, Japan is attempting to reinvigorate its economy by engaging in quantitative easing on an unprecedented scale.It is a risky experiment: faster economic growth could drive up interest rates, making debt-servicing costs unsustainable"

Source: China, not the euro, is worlds major uncertainty
By George Soros
Project Syndicate
The Australian Financial Review
Friday December 27th, 2013 - 2nd January 2014, page 55

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