Sri-Kumar: rates likely to be lower for longer

Komal Sri-Kumar is one of the more insightful and realistic economists. (And amazingly Tom Keene actually lets him finish most statements without interruption.) His comments here are worthwhile.

Sri-Kumar Global Strategies’ Komal Sri-Kumar discusses comments made by Federal Reserve Chair Janet Yellen and what a September rate hike means for the U.S. economy. Here is a direct video link.

Here is a link to Part 2 where Sri-Kumar discusses the idea of Germany leaving the Euro and going back to the Deutschmark, so that weaker EU economies can benefit from a lower Euro to help them recover financial strength.

For more thoughts on arguments for a ‘Germ-exit’ from the Euro. See: Germany, Not Greece should leave the Euro.

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