© AP Photo/ Michael Probst In their new book, German financial experts Marc Friedrich and Matthias Weik propose a radical new economic model, which they say will help society to cope with the changes wrought by increasing digitalization.
Friedrich told Sputnik Deutschland that action taken to arrest the 2008 financial crisis, such as quantitative easing, has only papered over the cracks in the global financial system.
"Things are going in the wrong direction. Unfortunately, nothing has changed since the 2008 financial crisis. On the contrary, problems were only covered over with a lot of cheap money. Don’t forget that the European […]
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