The Danish Saxo Bank CEO:QE with negative interest rates is a Ponzi scheme U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time on the evening of 15, the Danish Saxo Bank CEO CNBC said that global central banks unlimited printing money and low interest rates to a record to stimulate economic growth, this is an out and out "Ponzi scheme". Saxo Bank (Kim Fournais) CEO Funes said: "they have no desire for reform, and economic growth is more in need of reform." Funes said: "I said that in Europe, to some extent also in the us. The real problem is that the economy is not growing. Denmark’s central bank has cut its economic growth forecast for the three time in a row, most recently on Wednesday (September 14th). The economy has no vitality." Earlier this week, the Danish Central Bank said it expects Denmark’s economy to grow by 0.9% this year, down from an earlier estimate of an increase of about $1%. In addition, the bank will also expect economic growth in 2017 from 1.6% in June this year is expected to be reduced to 1.5%. Denmark took a negative interest rate policy about 5 years ago to stimulate growth and raise inflation. The country was one of the first countries to impose negative interest rates on loans and mortgages. Funes told the CNBC: "negative interest rates are a problem in all places, the punishment is to hold cash but not the people of good incentive structure." A study published by the Danish mortgage bank also noted that negative interest rates created uncertainty. "Negative interest rates, which represent the unknown, pose a challenge to different parts of society and the economy," he said, mainly because of the fact that negative interest rates have not yet become part of the mainstream discourse." Funes also agree with the above research report view. He added that the problem is that some big countries are committed to national redistribution and public welfare, they curbed the ability to cooperate the people. He said: "there are too many rules and bureaucracy, the tax rate is too high, and our environment is very weak." Funes said that central governments around the world to put a lot of money to stimulate economic growth, the reason is that politicians do not have the ability to understand what is the real need. He warned: "if the situation does not change, in Greece and other financial markets that will make you lose confidence completely, when the reform was too late, the economy will fall into a downward spiral." (Zhang Jun) responsible editor: Zhangjun SF065
Not known baby N sensitive period! Abstract: in the process of the baby’s growth is not much more than some of the behavior of parents can not understand, it must be that parents do not know the child in each period there is a sensitive period. Many parents will mistakenly think that the child’s bad habits, and blame the child, in fact, this is not conducive to the growth of the baby. Glossary: the sensitive period of the so-called sensitive period, refers to the growth process in 0-6 years, driven by the intrinsic vitality of children, in a period of time, to absorb something in the environment of nature, process and repeated practice. After a sensitive period, the children’s mental level will rise from one level to another. Children’s sensitive period is also elastic, children 0-6 years of age, if the sensitive period did not get good development, to the 6-12 years there will be a chance to make up for, but there is a premise, that is 6-12 years old, children must have a loving and free environment. But the reality is that under the pressure of learning, children of this age are very little help and care. They can’t get the tolerance and love from their parents before the age of 6, and they can’t get the respect from the adult. In the chaotic state of mind, they grow up alone. Just as smart as a newborn baby 10 years ago, I asked a lot of children’s mother: "do you understand the growth characteristics of 0-6 years old children?" Some mothers do not understand, others think about their mother, look at some of the early education books, teach children to read and count very early. Of course, there are a part of the mother to understand the process of life growth, know that this is a science. However, this part of the mother too little. When life is conceived in the womb, the children of the world are basically at a starting point. The gap between the adult and adult like Tianrang basically grow up from childhood, this is the secret of all. Two sensitive period baby few parents know that babies of bright and dark places of interest, rather than the ball. Parents know that infants eat, many parents see their children eat as long as the hand took the child’s hand, they do not know the child is in the understanding of the world, in his mouth to try, feel, and even some abstract concepts, such as soft and hard, the children are used to recognize the mouth. I once told an example of a child, left hand holding his right hand holding a towel, comb, comb bite, bite his towel, he was feeling soft and hard. Unfortunately, his parents did not put the concept of matching, did not tell him that it is soft, it is hard. Many parents have found that children at a certain time of love throwing things, you pick it up for him, he’ll let you away to pick up; finally just built good blocks, a child suddenly pushed to the ground, let you see the barrier; give children buy English tapes, want him to learn a foreign language, can he’s not interested in listening to, and handling in the back and forth on the tape, and may even turn the recorder damaged…… What are the reasons behind these phenomena? Parents do not understand. We know that this is a sensitive period of the arrival of the child’s space, he is doing everything in the perception of three-dimensional space, the construction of spatial intelligence. [Abstract] in baby.