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Germany’s profit from the crisis November 30, 2011

Posted by proeconomia in Main, News on Greece, On the crisis.
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Read on this link an estimate of Germany’s profits from the crisis. Send by our colleague Constantina Kottaridi with thanks.

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Two good ones from Bloomberg November 30, 2011

Posted by proeconomia in Main, On the crisis, Opinion.
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Here are two excellent articles for your late morning coffee. The source is Bloomberg.

Germans’ Righteous Stand Fans Flames in Euro Crisis, This is a must read!

Kennedy, Reagan, Loved for All the Wrong Reasons. An interesting view on how the two extremes of american politics are not providing any credible answers.

Very interesting articles from Project Syndicate November 29, 2011

Posted by proeconomia in Fiscal policy, Main, Monetary policy, On the crisis, Opinion.
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Three of them, make a good read:

Europe is not the United States, by Martin Feldstein

The German hour, by Jean-Pisani Ferry

The hour of the technocrats, by Jeffrey Frankel

Gloom and doom.. November 29, 2011

Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis.
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Hmm, here is a bunch of articles from Reuters that are full of “bad” sentiment…

In euro crisis, companies plan for the unthinkable

S&P may cut France rating outlook

UK forecasts cut, austerity to last longer

Tighter Union and Stability Bonds Could Save Euro November 29, 2011

Posted by proeconomia in Fiscal policy, Main, Monetary policy, On the crisis, Opinion.
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An interesting viewpoint article from Bloomberg, on why a tighter union may be good for the euro.

Austerity is bad for us, part II November 29, 2011

Posted by proeconomia in Main, On the crisis, Opinion.
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Here is the continuation of our earlier repost, on why austerity may be bad. By James Livingston, professor of history at Rutgers. The source is Bloomberg.

Some just can’t take the heat… November 28, 2011

Posted by proeconomia in Main, News on Greece, On the crisis, Opinion.
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A general commotion about the eventual break-up of the eurozone or the euro as a single currency goes around today (again). The claim is that the “strong and powerful” economies of the EU will not allow the crisis to enter their door (despite delivering to the markets much less than they were expecting): the solution is to separate the weak from the strong and so currency managing companies have started preparing contingency plans for the event that some countries return to national currencies. Here is one article from Bloomberg and here is another one from the WSJ. Read them both and think…

Spotlight on tax reform November 28, 2011

Posted by proeconomia in Fiscal policy, Main, On the crisis, Opinion.
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An interesting article on the importance of tax reform for the US. The link is from Reuters.

Austerity is bad for us November 28, 2011

Posted by proeconomia in Main, On the crisis, Opinion.
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The first of a two-part series on an interesting topic: austerity is bad for us! From James Livingston, professor of history at Rutgers, and are excerpts from his new book (I like the title) “Against Thrift: Why Consumer Culture is Good for the Economy, the Environment, and Your Soul”. The arguments are for a pro-demand driven economy and could be considered Keynesian but the author talks about the demand from private consumers not the government. Its worth your time reading it.

On the housing bubble (still waiting to burst) November 27, 2011

Posted by proeconomia in Main, News on Greece, On the crisis, Opinion.
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Our colleague Timos Angelidis sent this interesting piece from the Economist, whose subtitle reads “The bursting of the global housing bubble is only halfway through”. Makes for interesting reading so have a look at it.

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