Liquidity vs. Solvency – Prioritizing Liquidity Over Solvency will Determine Anti-Crisis Policies and Define the End-Game

Dr. Alexander Mirtchev analyzes the varied responses to the current financial crisis on Bloomberg Television. Mirtchev considers the crisis to be more of a solvency and asset quality crisis rather than a liquidity crisis, and that government intervention in the markets by several countries ignores this issue at the peril of a number of unanticipated results in the ultimate end game post-crisis.

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