Tags: eurozone
“The Way Forward” – Who Paid for the Study?
October 18th, 2011
in Op Ed
by Elliott R. Morss A friend whose judgment I respect said the just-published study on US economic policies moving forward by Alpert, Hockett, and Roubini, was a MUST READ. This was confirmed by Joe Nocera, the NYT financial writer who s… more »
Spreading Haircuts in the EU?
October 12th, 2011
in Op Ed
by Dirk Ehnts If and when Greece gets a hair cut of 20% (50%?), all other countries will ask for the same. A Latvian newspaper reports (via Google Translate): If indeed Greece, for obedience to write off 50% debt, the Latvian will certainly be ask… more »
BRICS To The Rescue
October 8th, 2011
in Announcements, Op Ed
by Michael Pettis I spent the end of last week in Washington DC during the IMF/World Bank meetings. Needless to say this has been a pretty gloomy trip and most of the people I spoke to or heard speak had only bad things to say about the global econ… more »
Core Europe Sitting Pretty in their PIIGS Drawn Chariot
October 6th, 2011
in Op Ed
By Marshall Auerback and Warren Mosler The refusal to countenance a Greek default is now said to be dragging the euro zone toward even greater crisis. Implicit in this view, of course, is the idea that the current “bailout” proposals are operationally… more »
Ian Bremmer is Wrong on Greece
October 3rd, 2011
in Op Ed
by Dirk Ehnts I have seen some good writing by Ian Bremmer, but his article in the FT today on Greece is quite misinformed. Here’s the core issue: Worse, Greece has a mountain of debt denominated in euros. A switch to a new drachma would not change… more »
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