Richard Harris says that the central banks have created too much debt with their dogged pursuit of low interest rates. Photo: Jonathan Wong
Richard Harris
Opinion

Opinion

Macroscope by Richard Harris

Low interest rates are simply papering over the cracks

Firms that can’t make enough to pay their staff, cover their expenses, and add a bit of profit for a rainy day, shouldn’t be in business.

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Richard Harris says that the central banks have created too much debt with their dogged pursuit of low interest rates. Photo: Jonathan Wong
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