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Europe: why monetary stimuli cannot work




Tailormade is pleased to be able to offer interesting investment insights from our partners in Hong Kong, Private Capital. This article is by the well known Enzio von Pfeil


    On 10th March we suggested that chasing that elephant of deflation is plain wrong: deflation is a symptom, not the cause of Europe’s malaise.


    Why should companies invest in Europe when it is commercially impossible to fire employees; when taxes are prohibitive, and when regulations spewed-out by those “democratic” bureaucracies called national governments as well as Brussels strangle any entrepreneurial zeal?

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