Tags: europe
Five Policy Prescriptions for Europe
October 30th, 2011
in Op Ed
by Tom Fahey, Senior Global Macro Strategist, Loomis Sayles The European sovereign debt crisis continues to hemorrhage risk throughout the financial markets. While investors like to think there is a magic policy response, in our view, the crisis is… more »
Decimation of the Western Banks
October 20th, 2011
in GEAB reposting
Editor’s Note: This article is republished with permission of LEAP/E2020. See end of article for credits. As anticipated by LEAP/E2020, the second half of 2011 is seeing the world continuing its unstoppable descent into global geopolitical disloca… more »
Mosler Bonds: Isolate Default Cost to the Defaulter - Prevent Default
September 29th, 2011
in Op Ed
by Warren Mosler The proposal is simple: The ECB should turn the bonds it buys into Mosler bonds, which provide the feature requiring the government of issue to legally state that, in the case of non payment, the bearer on demand can use those bonds fo… more »
Price Level Adjustment Failure in Euro Zone
September 24th, 2011
in Announcements
by Dirk Ehnts Today, Eurofound (don't ask) has published pay developments for the European Union, which includes euro zone members. Let's start with the results: Figure 1: Average nominal collectively agreed pay based on collective agreements databa… more »
More Hurt Coming: Implosive Fusion of Global Financial Assets
September 20th, 2011
in GEAB reposting
Editor’s Note: This article is republished with permission of LEAP/E2020. See end of article for credits. As anticipated by LEAP/E2020 since November 2010, and often repeated up to June 2011, the second half of 2011 has started with a sudden and major… more »
