Restored Competition Will Lessen U.S. Inequality May 31, 2012
Posted by proeconomia in Main, Opinion, Science and technology.add a comment
A very interesting article from Bloomberg, with a lot to say about the U.S. academia and health care and its economic functioning. Have a look as it applies to us as well, where higher education and a large part of health care are fully dependent on the state for their funding.
Must read analyses from Reuters May 30, 2012
Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.add a comment
For your second cup of morning coffee, read these articles from Reuters – I found them very well written and with good argumentation.
Why isn’t the euro falling any further?
Euro Bonds With Strings Are Europe’s Best Way Forward May 30, 2012
Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.1 comment so far
A very interesting suggestion from Clive Crook @ Bloomberg. Have a look at the measures he proposes.
Greece needs to go to the brink May 29, 2012
Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.add a comment
A scenario from Hugo Dixon @ Reuters, read carefully what his prediction is. I am relying on our readers to evaluate his forecast after the Greek elections!
Greek Euro Exit Aftershocks Risk Reaching China May 29, 2012
Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.add a comment
This one from Bloomberg you are to read slowly at your miday break, it has a number of interesting issues about contagion and fears of increased risk from the Greek problem.
European firms plan for Greek unrest and euro exit May 29, 2012
Posted by proeconomia in Main, Monetary policy, News on Greece, On the crisis, Opinion.add a comment
This one is from Reuters, have a look at it. Here is a “funny” part: “The world’s biggest luxury car group BMW says it is already prepared for the worst after seeing a quarter of Greek BMW dealerships go out of business since 2008 and its national annual deliveries slashed by more than two thirds from a peak of around 7,000.” Say what? 7,000 deliveries per year in BMWs? If you are curious about that (I am but ain’t have the time right now!), have a look at the official data gathered by the car importers association here and have your own conclusions. You read the whole article before doing this right?!
10 Reasons To Quit Your Job Right Now! May 28, 2012
Posted by proeconomia in Main, On the crisis, Opinion.add a comment
Well, I found this article from James Altucher when a fellow blogger (http://odetocapitalism.com/) liked a couple of our posts. Maybe you should have a look as well? (But hey, don’t quit just yet, think about it for a day or two!)
With or without euro, Europe must raise its game May 28, 2012
Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.add a comment
Analysis from Reuters, for your second cup of morning coffee. Here is a crucial paragraph, but read the whole piece:
“The rise of China and India, of Brazil and Turkey, deals a double blow to Europe. They can manufacture more cheaply, signing the death warrant of many labor-intensive industries in Europe and keeping a lid on wages. Yet, through their thirst for energy and raw materials, emerging markets raise the continent’s input costs. The result is a compression of real incomes that Europe – and the United States – was able to hide for a long time by racking up debt. No longer. Andy Xie, an independent economist in China, said European countries without a competitive advantage must simply work harder or spend less. Alternatively, if they want to keep living it up, they will have to accept wrenching labor reforms and deregulation.”
Lagarde Expresses Sympathy For Greece, Says Rich Must Pay Taxes May 28, 2012
Posted by proeconomia in Fiscal policy, Main, News on Greece, On the crisis, Opinion.add a comment
Oh, come on! Make up your mind: ““As I have said many times before, I am very sympathetic to the Greek people and the challenges they are facing,” Lagarde wrote on the social networking site. “That’s why the IMF is supporting Greece in its endeavor to overcome the current crisis and return to the path of economic growth, jobs and stability. An important part of this effort is that everyone should carry their fair share of the burden, especially the most privileged and especially in terms of paying their taxes.”” That’s the problem, if you ain’t paying no taxes you are listed in the non-privileged category and you appear to be in the border of tax exemption – how the heck can you be priviliged in official terms except by the income you declare? Its the plush life of tax evaders that’s the problem not the comments being made…
How Zippos, dredges and vitamins can save the American middle class May 27, 2012
Posted by proeconomia in Main, News on Greece, On the crisis, Opinion, Trade.add a comment
Read carefully this article. Although it pertains to the US (and our US readers should take notice) it is very important to consider it in the case of Greece. Global opportunities are there for those small & medium enterprises that are willing to adapt and go with the new flow of money and information. And these businesses thrive and add employment rather than being taken down by low-wage competition. It is possible, by innovation and adaptation – and consistent quality products with respect for the final customer.
Proeconomia 