German Secretary Economics Warns Low Interest Rates Have Failed


The German Secretary General of the Economic Council of the CDU, Wolfgang Steiger,  has highlighted the growing economic crisis in Europe. The negative interest rates of Draghi and the ECB have totally failed. He has pointed out that despite various EU stress tests for banks, time and again they continue to fail. He has stress himself that this does not strengthen the confidence in the rules or Europe. He has come out and bluntly states that ONLY reforms will work, not low interest rates.

We are looking at a very serious crisis unfolding in 2018. So get ready to rock-and-roll. We will be addressing this upcoming crisis in the EU at the July 22nd, 2017 German Seminar.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s