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redesigning-the-foot.blogspot.com

Redesigning the foot: Petering out in Never Never land

http://redesigning-the-foot.blogspot.com/2015/02/petering-out-in-never-never-land.html

The rants of an ex economist existing beyond his means in Greece. Petering out in Never Never land. Even if the EuroZone and the Greek economy survives the present crisis, there is a madness in its arrangements (fiscal compact) that threatens the Eurozone's long term existence. C. Will reappear whenever there is a peroid of strong growth in the Eurozone. Internal. Remember that Fiscal Multiplier? Http:/ www.bloomberg.com/news/articles/2013-01-04/imf-officials-we-were-wrong-about-austerity. Someone's spen...

redesigning-the-foot.blogspot.com

Redesigning the foot: October 2013

http://redesigning-the-foot.blogspot.com/2013_10_01_archive.html

The rants of an ex economist existing beyond his means in Greece. The miraculous recoveries of Spain and Greece. With a little bounce off the bottom. And even better, the economies are being stabilized. And "aren't we lucky the most expensive machine in the hospital" still goes ping. But then it was about saving the machinery, not the patient. IMF Documents Excerpts May 9, 2010 meeting at which the IMF board approved Greece’s first bailout. ( published in the Wall Street Journal. 8220;Our decision to go ...

redesigning-the-foot.blogspot.com

Redesigning the foot: Bye Bye Democracy Hello Bond-Age

http://redesigning-the-foot.blogspot.com/2012/10/bye-bye-democracy-hello-bond-age.html

The rants of an ex economist existing beyond his means in Greece. Bye Bye Democracy Hello Bond-Age. Latest proposals leaked on how to deal with the troublesome colony German Finance Minister wants Greece’s Tax and VAT revenues place in an Escrow Account. So i f Greece makes a primary budget surplus then. A dedicated receipt (such as part of VAT income) transferred monthly to the trust account. And if Greece doesn't make a surplus,. Throw in some sweeteners. But not too sweet. The Road to Serfdom or.

redesigning-the-foot.blogspot.com

Redesigning the foot: March 2012

http://redesigning-the-foot.blogspot.com/2012_03_01_archive.html

The rants of an ex economist existing beyond his means in Greece. Special Offer: Fage Total Muppet. The ever-expanding Evangelos Venizelos ran unopposed in the leadership race of ever-shrinking PASOK party on Sunday. PASOK is for all purposes financially bankrupt with 120 million euros of debt and staff unpaid for months. Voters were required to pay 2 euros (see Veni, vidi, vici. Some chose to spend their 2 euros more wisely ( Frustrated Pensioner Hurls Yogurt At FinMin Venizelos. Total muppet Book offer.

redesigning-the-foot.blogspot.com

Redesigning the foot: Baltic Economic Miracle in two graphs

http://redesigning-the-foot.blogspot.com/2015/02/baltic-economic-miracle-in-two-graphs.html

The rants of an ex economist existing beyond his means in Greece. Baltic Economic Miracle in two graphs. Latvia and the Baltic economies are often cited as examples of what the virtue of pain, austerity, can do. How was this Baltic economic miracle achieved? Http:/ www.forbes.com/sites/markadomanis/2013/07/19/the-baltic-demographic-disaster-since-1992-the-region-has-lost-more-than-20-of-its-population/. Unless, Schaeuble has an efficient or quicker. Way to reduce the population of Greece. On a global sca...

redesigning-the-foot.blogspot.com

Redesigning the foot: German Macho-economics - Wolf gang pacts 1 and 2

http://redesigning-the-foot.blogspot.com/2013/11/german-macho-economics-wolf-gang-pacts.html

The rants of an ex economist existing beyond his means in Greece. German Macho-economics - Wolf gang pacts 1 and 2. The road up and the road down is one are the same." Heraclitus 535 BC–475 BC. Not all countries can run trade surpluses at the same time; someone's exports is someone else's imports. The world should rejoice at the positive economic signals the eurozone is sending almost continuously these days". Wolfgang Schäuble. Here's a slightly classical version. Thus to persistently maintain trading a...

redesigning-the-foot.blogspot.com

Redesigning the foot: Cloud cuckoo land

http://redesigning-the-foot.blogspot.com/2015/01/cloud-cuckoo-land.html

The rants of an ex economist existing beyond his means in Greece. Yesterday I posted a piece here. On a cuckoo clock (Swiss Fanc) that chimes for Angela Merkel and Alexis Tsipras (on an election victory) to do "realpolitik". The explanation I liked on yesterday's global spasms (and the Greek story) comes from Paul Mason's Channel 4 post. American readers might also want to check "Welcome to the Currency Wars". The cuckoo clock.” ― Orson Welles (from "the Third Man"). C) The big Swiss manufacturing and ex...

redesigning-the-foot.blogspot.com

Redesigning the foot: December 2011

http://redesigning-the-foot.blogspot.com/2011_12_01_archive.html

The rants of an ex economist existing beyond his means in Greece. Another 'historical' European summit fails. Haven't I posted this before? Europe’s leaders cannot understand the Eurozone’s economic, banking, and sovereign-debt crises. They cannot resolve them as, in many ways, they are the crisis. December, 2011,. There is a persistent belief that budget indiscipline is the main cause of the crisis (despite Spain and Ireland having budget surpluses in 2007. It is determined to prevent other schools of t...

redesigning-the-foot.blogspot.com

Redesigning the foot: January 2015

http://redesigning-the-foot.blogspot.com/2015_01_01_archive.html

The rants of an ex economist existing beyond his means in Greece. Yesterday I posted a piece here. On a cuckoo clock (Swiss Fanc) that chimes for Angela Merkel and Alexis Tsipras (on an election victory) to do "realpolitik". The explanation I liked on yesterday's global spasms (and the Greek story) comes from Paul Mason's Channel 4 post. American readers might also want to check "Welcome to the Currency Wars". The cuckoo clock.” ― Orson Welles (from "the Third Man"). C) The big Swiss manufacturing and ex...

redesigning-the-foot.blogspot.com

Redesigning the foot: November 2013

http://redesigning-the-foot.blogspot.com/2013_11_01_archive.html

The rants of an ex economist existing beyond his means in Greece. German Macho-economics - Wolf gang pacts 1 and 2. The road up and the road down is one are the same." Heraclitus 535 BC–475 BC. Not all countries can run trade surpluses at the same time; someone's exports is someone else's imports. The world should rejoice at the positive economic signals the eurozone is sending almost continuously these days". Wolfgang Schäuble. Here's a slightly classical version. Thus to persistently maintain trading a...