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Tag Archives: Euro
Ugly Map of European Unemployment
The Swedish economics blog Flute Thoughts has posted this map of 2011 employment by region in Europe: [I first saw this as a cross-post in Zerohedge]. This map calls attention to the differences between the “core” and “periphery”. On a country-by-country … Continue reading
Euro Debt Update: Backdoor ECB Bailout Buys Some Time
A month ago we posted on the dynamics of the sovereign debt crisis in Europe. The BBC has published a handy flowchart with graphs that explains the origins of the problem. It all goes back to the decision of countries (originally … Continue reading
Playing Chicken With Euro Debt: Why You Might Want To Get Your Money Out of Bank of America
A year ago we posted Why Is This Recession Dragging On? . There we noted that the key domestic problem is the high debt levels of private households, due primarily to the housing/mortgage boom and bust. In 2008 to mid-2009 there was a … Continue reading
