Wild World – Dr. Adrian Pabst Interview

... cheap money. This, coupled with low interest rates across the whole eurozone, fuelled credit and real estate bubbles in the USA and Europe, which burst in 2008-9 amid the global ‘credit crunch’. At first, this led to a pan-European banking ... ... Atlantic to the Pacific Ocean, Moscow is likely to stop looking West and instead go East – as soaring trade levels with China already foreshadow. However, Russia remains a European power – part of Europe’s non-West alongside Turkey ...