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The IMF Rethinks Fiscal Policy..
#3
Well, it's actually not terribly complex. The US and Spain both suffered similar crisis, a debt infueled housing bubble that collapsed, leaving bank and household balance sheet ravished. Spain embarked on euro induces severe austerity while in the US, fiscal policy has only been a mild drag lately. Spain cannot embark on monetary stimulus, nor devalue, the US can. And there is no question which economy fared better..
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Messages In This Thread
The IMF Rethinks Fiscal Policy.. - by admin - 10-09-2012, 11:30 PM
RE: Fiscal Policy.. - by ArtM72 - 10-10-2012, 12:14 AM
RE: Fiscal Policy.. - by admin - 10-10-2012, 12:45 AM
RE: Fiscal Policy.. - by admin - 10-10-2012, 08:34 AM
RE: The IMF Rethinks Fiscal Policy.. - by admin - 10-10-2012, 08:39 AM
RE: The IMF Rethinks Fiscal Policy.. - by admin - 10-12-2012, 01:49 PM
RE: The IMF Rethinks Fiscal Policy.. - by admin - 10-24-2012, 12:16 AM

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