The Spanish Ailing Car Industry
Extracts from Think Spain. October 2005. Foreign companies who manufacture cars in Spain are facing a fresh crisis. In addition to the problems of VW subsidiary Seat, various others are being...
View ArticleJürgen Stark’s resignation and the ECB 2005 warning about labor cost...
The Wirtschaftswoche reports about the real reasons of ECB Chief economist Jürgen Stark’s resignation. The reasons are rather political, namely a protest against European governments: Even if 90% of...
View ArticleItaly: About the Hypocrisy of Politicians and the Blindness of the...
Just a little wrap-up of two tweets read in 5 minutes, to which I finally added a bit more out of my recent Tweets. One Tweet: The British finance minister Osborne has emphasized that the euro zone...
View ArticleEuro Morons: Hyperinflation Successfully Avoided, Stagflation Successfully...
Keeping Greece in euro zone, eurocrats or better “euro morons” have successfully avoided a weak drachma and a following Greek hyperinflation. Instead they successfully created stagflation. Currently...
View ArticleThe Fairy Tale of Rising Competitiveness in the European Periphery
In our post we look on two questions concerning competitiveness for the European periphery: When will local production be cheaper than imported products? Do people have the money to buy these local...
View ArticleThe Upcoming Spanish Lost Decade(s)
To us, the big theatre surrounding Greece was just a preview of a much bigger crisis that will happen in the coming years in Spain, the upcoming Spanish lost decade(s). Greece was an absolutely...
View ArticleThe Spanish Ailing Car Industry
Extracts from Think Spain. October 2005. Foreign companies who manufacture cars in Spain are facing a fresh crisis. In addition to the problems of VW subsidiary Seat, various others are being...
View ArticleJürgen Stark’s resignation and the ECB 2005 warning about labor cost...
The Wirtschaftswoche reports about the real reasons of ECB Chief economist Jürgen Stark’s resignation. The reasons are rather political, namely a protest against European governments: Even if 90% of...
View ArticleItaly: About the Hypocrisy of Politicians and the Blindness of the...
Just a little wrap-up of two tweets read in 5 minutes, to which I finally added a bit more out of my recent Tweets. One Tweet: The British finance minister Osborne has emphasized that the euro zone...
View ArticleEuro Morons: Hyperinflation Successfully Avoided, Stagflation Successfully...
Keeping Greece in euro zone, eurocrats or better “euro morons” have successfully avoided a weak drachma and a following Greek hyperinflation. Instead they successfully created stagflation. Currently...
View ArticleThe Fairy Tale of Rising Competitiveness in the European Periphery
In our post we look on two questions concerning competitiveness for the European periphery: When will local production be cheaper than imported products? Do people have the money to buy these local...
View ArticleThe Upcoming Spanish Lost Decade(s)
To us, the big theatre surrounding Greece was just a preview of a much bigger crisis that will happen in the coming years in Spain, the upcoming Spanish lost decade(s). Greece was an absolutely...
View ArticleWhy Portugal Matters
DBRS reviews its investment grade rating of Portugal on Oct 21. A cut in its rating would have far reaching implications. A cut in the outlook is more likely than a cut the rating.
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