The money network:

The money network:

Why crowdfunding threatens traditional bank lending

EuromoneyFXNews.com

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May 2001

We’re not listening



       
Wim Duisenberg
It's been another bad month for the European Central Bank, with everyone telling it what to do. Horst Köhler of the IMF said the ECB would have to cut rates to prevent the US recession from spreading. US finance minister Paul O'Neill agreed, and at a meeting in Malmö in Sweden, so did European finance ministers.

ECB president Wim Duisenberg replied saying he...


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