The Bank for International Settlements (BIS), a group representing central banks including the Federal Reserve and the European Central Bank, on Sunday warned European political leaders that they should not expect central banks’ cheap-money policy to hold the global economy together forever. http://www.nytimes.com/2013/06/24/business/global/central-banks-criticize-europe-for-political-gridlock-on-economy.html?hp The B.I.S. report avoided singling out individual countries, but it was clear […]