China’s not the answer for the Eurozone
…Europe. Go long Eurozone economies selling to China? Is China the panacea for Eurozone growth? Short answer is no, but we’ll attend to that later. Even if the euro wasn’t…
…Europe. Go long Eurozone economies selling to China? Is China the panacea for Eurozone growth? Short answer is no, but we’ll attend to that later. Even if the euro wasn’t…
…euro is a national government default, which does eliminate the euro denominated financial assets of that nation, but of course can trigger a euro wide deflationary debt collapse. The ’support’…
…at least $195 billion in medical debt and the bulk of that debt is owed by people with over $10,000 in debt The total amount of medical debt is difficult…
…of one euro, let us reason as if each of the 18 eurozone members had its “own” “euro.” Let’s begin by thinking about what creates the value of the current…
…that the Eurozone might find itself in a “race to the bottom”. The prescript coming out of the IMF and the European Union is one of harsh and deep reductions…
…between debt held by the government and debt held in the non-government sector. All debt is not created equal. Private debt has to be serviced using the currency that the…
…Eurozone only by that of Greece. While an Italian exit from the European Union seems impossible, the Italian government and the European Commission each seem determined to make the other…
…average inflation rate– the average inflation rate is the weighted HICP across all of the Eurozone economies – around 2% while the much of the Eurozone experiences disinflation (or deflation)….
…of the Euro area by selling euro assets. This is also rare. Both occurred in 2011. Foreign investors reduced exposure to euro-denominated assets, -€78.9 billion in Q4, while Euro area…
…had been wrong and that the Euro worked fine. The next year there was the Greek debt crisis with contagion to other Eurozone countries and not outside of the Eurozone….