Archivi categoria: crisis

unleash the power of the Euro! it’s possible and it’s easy

1) as of 01.01.2013 all Euro countries will not issue national debt on the open market anymore. They remain liable for preexisting debt. 2) The EU will aggregate the Euro countries funding needs and place them on the open market … Continua a leggere

Pubblicato in crisis, debt, europe, policy | Contrassegnato , , , | Lascia un commento

The way out of European crisis is… easy!

First a resume of the situation: the Euro will collapse because it is not a sovereign currency: the ECB is not a lender of last resort and weak member states pay too high interest on their debt, yet cannot devalue. … Continua a leggere

Pubblicato in crisis, debt, europe, policy | Contrassegnato , , , , , | Lascia un commento