Tag Archives: debt problem

Are we living Europe’s greatest depression?

Some sobering reading from The Washington Post this week. The author, Matt O’Brien, has taken a chart from Nicholas Crafts “and extended it a bit to put Europe’s depression in, well, even more depressing perspective.” The Eurozone GDP hasn’t returned to 2007 … Continue reading

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Spain’s not safe yet

Spain’s not safe yet. Just three weeks ago, prior to the Greek bailout many commentators, pundits, market insiders and bloggers were saying that at the very least Spain should be able to handle their debt. The austerity measures the IMF is proposing is both needed and downright difficult for Spain to put in place. Continue reading

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