Is it good that central banks still decrease interest rates?

In last weeks many central banks all over the world were cutting interest rates - some of them very sharply. In the beginning of October there was a broad action of central banks (FED, ECB, central banks in UK, Switzerland, Canada and Japan) who decreased the interest rates. Later on there were further cuts in [...]

Welcome to Financial Crisis Blog

Welcome to my blog. On my site I will be placing information, news, opinions and articles concerning the financial crisis of 2008. Many people talk about it, forecasting how long will it last and what will happen to the economy. I will try to take a look at different opinions and to formulate some conclusions. In [...]