Handelsblatt Global Edition Magazine - - Hans-werner Sinn -

Sinn ar­gues that low in­te­rest ra­tes ha­ve crea­ted a dan­ge­rous as­set bub­b­le.

He says the Eu­ro­pean Cen­tral Bank’s po­li­cies to res­cue coun­tries and banks ha­ve shif­ted the risks from in­ves­tors to tax­pay­ers.

Sinn, 68, was pre­si­dent of the Ifo In­sti­tu­te for Eco­no­mic Re­se­arch in Mu­nich un­til his re­ti­re­ment this ye­ar.

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