Econintersect:  The balance sheet of the ECB (European Central Bank) has increased more than 2.3 times between the end of May 2011 and the end of October and would have to grow 6.4 times (from May 2011) if it did no more than fund the rollover of the Ita… more »

German economist Dirk Ehnts, University of Oldenburg, says that German President is right on with his recent economic comments. Wulff said that the sources of the financial crisis have not been neutralized and that: "Without a major change of policy new financial crises loom." more »

Financial crisis can reduce leverage if very large and there is no real contraction. Restoration of lower income group’s bargaining power is more effective. more »