欧州労連は迫り来るデフレを警告し、更なる金利引き下げを求める

昨日の欧州労連（ＥＴＵＣ）の声明

ETUC warns for looming deflation and demands deep cuts in interest rates

http://www.etuc.org/a/5629

>The pace of the slowdown in economic activity is alarming and is raising the prospect of strong disinflation rapidly turning into deflation. Expectations of average inflation over the next 10 years, derived from inflation indexed bonds, have already collapsed and are now close to zero (see Graph).

The ECB needs to win the race against disinflation. To prevent inflation from falling to zero and deflation to take hold, interest rates need to be slashed. Failure to do so will trigger a Japanese-style scenario of soaring real interest rates, higher debt burdens, postponed spending and a continuously depressed economy.

こういうところで「Japanese-style」が出てくるのもやなもんですが、「そうしなければ、実質金利の上昇、高債務負担、支出の延期、そして継続する経済停滞という日本型シナリオの引き金を引くことになるぞ」ってのが、脅しになるんですね。