In the News: Bloomberg TV

Portfolio manager Axel Merk tells Bloomberg TV as long as there is pressure from the bond market, European policy makers will act

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'The good news is, as long as the pressure is kept up by the market these policy makers are moving. The only language policy makers understand is that of the bond market. So this ongoing crisis, from that point of view, is good news because if the crisis were to abate and euphoria took over the policy makers would loose their will for reform. And so this pressure that is there is a good thing.'…"