17.09.2016 - Comments
A look into the past 5000 years shows: The rise and fall of entire peoples can be seen in the level of interest rates.
This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).