Posted by: Sabine Kurjo McNeill | March 26, 2009

We are rooted in the Real Economy

“Unscathed by the credit crisis” and “unflappably optimistic” are just two comments by Dr. Yunus in this article of the Economist entitled Sub-par but not subprime: Lending to the poor has held up well but it is not as safe from the credit crisis as its champions hoped.

Journalists write their opinions down. Not necessarily facts… Nor do they understand the difference between money backed by the real economy and money created out of thin ear, or through ‘quantitative easing‘, at the cost of Nation states…

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