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Keyword: growthbubble

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  • German finance minister warns against 'growth bubble'

    12/31/2008 6:20:56 AM PST · by TigerLikesRooster · 2 replies · 260+ views
    AFP ^ | 12/30/08
    German finance minister warns against 'growth bubble' Tue Dec 30, 11:01 am ET BERLIN (AFP) – Germany's finance minister told AFP in an interview that cutting interest rates too low in an effort to counter the global recession could create what he called a dangerous "growth bubble." Speaking earlier this month, and fresh from his recent broadside against the British government's response to the economic crisis, Peer Steinbrueck said there was a danger of repeating the dangers of the past. "On the one hand we need to boost the economy, on the other hand we must make sure that a...