Europe and America overflowing with new buildings and cars. Wealth is finally trickling down to the middle-class guy who (when he is not working all the hours he can get to pay his medical bills) is filling restaurants, ordering taxis and buying new phones. Happy days are here again, says Richard Harris. Photo: Reuters
Richard Harris
Opinion

Opinion

The View by Richard Harris

Cheap and nasty money is what’s keeping a zombie global economy afloat

We are too used to quantitative easing to give it up easily - but this trickle-down economics obviously has not worked

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Europe and America overflowing with new buildings and cars. Wealth is finally trickling down to the middle-class guy who (when he is not working all the hours he can get to pay his medical bills) is filling restaurants, ordering taxis and buying new phones. Happy days are here again, says Richard Harris. Photo: Reuters
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