Trillions spent but financial crises like Greece's still plague the world
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
THERE are some problems that not even US$10 trillion can solve.
That gargantuan sum of money is what central banks around the world have spent in recent years as they have tried to stimulate their economies and fight financial crises. The tidal wave of cheap money has played a huge role in generating growth in many countries, cutting unemployment and preventing panic.
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