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Naked Capitalism
Greece’s Debt Burden Can and Must be Lightened Within the EuroYves here. Despite all the noise in the media about the IMF sticking to its gun
Greece’s Debt Burden Can and Must be Lightened Within the Euro
Naked Capitalism / Posted 26 days ago
Yves here. Despite all the noise in the media about the IMF sticking to its guns about debt reduction, the agency has already conceded on what could have been an outtrade, the question of whether “debt reduction” takes the form of haircuts. Despite... Read more
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The Globe and Mail
Super Mario is Europe’s hero, for nowTwo thunderous cheers for Mario Draghi, president of the European Central Bank.
Super Mario is Europe’s hero, for now
The Globe and Mail / Posted 1 months ago
Two thunderous cheers for Mario Draghi, president of the European Central Bank. By converting the bank from an interest-rate setter to the euro zone’s chief firefighter, Mr. Draghi has saved the region from probable destruction not once, but twice... Read more

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