Is Europe heading for a recession?

A glance at Europe’s economy and you might tell that it isn’t exactly doing very well. The European Union (EU) recorded a trade deficit of 8900 EUR million in August 2014 compared to a trade surplus of 1600 EUR million in July 2014. At different parts of Europe, Germany industrial production has decreased, while Italy…

Quantitative Easing: A Cure or a Poison

Roughly 3 months after the 2008 housing market crash, Chairman of the Federal Reserve then, Ben Bernanke, unveiled a stimulus programme also known as the Quantitative Easing (QE) to help stimulate the economy. According to Bernanke, the objective was to keep interest rate low so that home prices would go up. And the increase in…