"Zugzwang is the German word for a situation in chess (and life) in which a move must be made, but

"Zugzwang is the German word for a situation in chess (and life) in which a move must be made, but each possible one will make the situation worse. It also captures perfectly the predicament facing central banks in Europe." Fantastic this by @DanielaGabor
ft.com/content/2d79d1… https://t.co/QeLUkHEYE0

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