Lessons From The Eurozone | Seeking Alpha
A consensus is emerging on what has been plaguing the eurozone. This can be summed up as “It’s the euro, stupid.” Here are the main lessons from the protracted crisis, and we see little room for...
View ArticleThe Win-Win Eurozone Cure
Germany is faced with a once in a lifetime opportunity, a triple win-win-win situation. It can go a long way in rebalancing the eurozone and the world economy, where savings exceed investment. By...
View ArticleThe Eurozone Is Certain To Fail, According To Stiglitz
On present course, the eurozone is doomed, according to Stiglitz. An amicable divorce is preferable to the status quo. We agree with that judgment, but we think Stiglitz is too optimistic about the...
View ArticleThe Indicator That Could Spell Trouble
Italy not only has a very large public debt of over 130% of GDP, its banks are riddled with bad debts as well. While the ECB has softened the immediate threat from the public debt, together with the...
View ArticleIf You Kick The Can Long Enough, It Becomes A Bomb
Greek debt is simply unsustainable, even the IMF says so. The only way to have a chance of defusing this time bomb is to exchange debt relief for the IMF reform program but politics and discord are...
View ArticleWill Italy’s Lost Decades End With A Bang?
Italy’s economy isn’t expected to return to its 2007 output level until the mid 2020s. While Italy would benefit from an Italian Margaret Thatcher, there are few good options left to save its economy....
View ArticleThe Euro Can’t Break Up
The euro is highly dysfunctional, it confers few economic benefits, has been an economic disaster and is a source of political problems within the EU. It was never easy to leave the euro, but on...
View ArticleThe Hard Euro Is An Assault On Democracy
The euro is basically unbreakable as the cost of leaving has increased. The amount of discipline necessary to keep the euro together is unprecedented. And countries have shown willingness to undergo...
View ArticleThe Next Eurozone Battle Is Shaping Up
The structural design deficiencies in the eurozone have been papered over by the cyclical tailwinds in the economy and balming ECB action. But at the first sight of headwinds, these will reassert...
View ArticleSomeone Should Explain To The Germans And Dutch How The Euro Works In Their...
The workings of the European Monetary Union are still not well understood by many citizens, especially in countries which are the main beneficiaries of the euro. The system is rife with dysfunctions...
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