FT.com / Europe – Germany warns US on market bubbles

The next asset bubble is already beginning to take shape. Will the Double Dip that’s coming next retest the market lows of March 2009?

Germany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollar.

Wolfgang Schäuble’s comments highlight official concern in Europe that the risk of further financial market turbulence has been exacerbated by the exceptional steps taken by central banks and governments to combat the crisis.

via FT.com / Europe – Germany warns US on market bubbles.

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