8 ms·
Finland has been in a depression for a while. Their GDP is still 6pc below its previous peak. [1] If this is a last desperate ploy to prevent secular stagnatio
by randomname2 11y ago
Finland has been in a depression for a while. Their GDP is still 6pc below its previous peak. [1]
If this is a last desperate ploy to prevent secular stagnation one has to wonder how effective this will be - it is sold as temporary but the moment it is withdrawn their economy truly craters.
[1] http://www.telegraph.co.uk/finance/12001895/Finlands-depression-is-the-final-indictment-of-Europes-monetary-union.html http://www.telegraph.co.uk/finance/12001895/Finlands-depress...