Steen Jakobsen is the chief economist at Saxo Bank.
"When you have the same policy being repeated year after year you have the same reaction. What is happening right now is that we have a huge dislocation over who is going to use the LTRO, we have a huge dislocation in the payment system."
"When you have the same policy being repeated year after year you have the same reaction. What is happening right now is that we have a huge dislocation over who is going to use the LTRO, we have a huge dislocation in the payment system."
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