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Are Low Interest Rates Harmful?

Wed 28 Mar 12 | 02:00 AM ET
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Are Low Interest Rates Harmful?

Wed 28 Mar 12 | 02:00 AM ET
Ashok Shah, CIO at London & Capital, told CNBC, " the key really was the free availability of credit and it really was the irresponsibility of the banking sector to continue to extend credit and they clearly did it because one it was profitable, two they were able to get funding from the wholesale money market."
 
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