Tag Archive: Europe

The Debt that Doesn’t Matter

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Household debt is broadly recognized as being one of the major factors that brought about the financial crisis. However attention of institutions, economists and policy makers is generally turned to public debt and its… Continue reading

Saint Precarious – new icon of Europe

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Source: Presseurop. Austerity and free market regulations have created a band of loyal followers: The Precarious. And they are threatening the jewel European civilization, social security, argues Belgian writer Geert Van Istandael. Go… Continue reading

Young and Jobless

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A graph published by the Guardian depicting youth unemployment in Europe.

That’s a ‘Depression’: Europe’s Double-Dip Is Officially Longer Than Its Great Recession

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“More austerity and less monetary stimulus were pretty horrible ideas. But Europeans seem to prefer to keep recreating the 1930s rather than learning anything from them”. This article shows that Europeans don’t want the recession to… Continue reading

Helicopter money as a policy option

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“Helicopter money” is the overt monetary financing of government deficits. This is an unconventional policy option that some economists are starting to consider as a possible solution to the persistently weak economic conditions in… Continue reading