The euro area economy is in a terrible mess. In December 2013 euro area GDP was still 3 percent lower than in the first quarter of 2008, in stark contrast with the United States, where GDP was 6 percent higher. GDP was 8 percent below its precrisis level in Ireland, 9 percent below in Italy, […]
March 1st, 2014 · Comments Off on Away with the euro
June 6th, 2012 · Comments Off on Darkness at Noon in Spain
See what happens when every category of spending goes into reverse. It ain’t pretty..
May 17th, 2012 · Comments Off on The Revolt Against The Euro
Spreading, and for pretty good reasons..
February 2nd, 2012 · Comments Off on Has a euro zone credit crunch been averted?
January 17th, 2012 · Comments Off on Let Greece Default
Put it out of its misery..
December 10th, 2011 · Comments Off on Deeply flawed euro zone crisis solution
When the ‘cure’ is worse than the disease..
Tags: Sovereign debt crisis