Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Note that this would not have worked if they had been in the Eurozone, or if their central bank had been staffed by Stark raving lunatics, as this strategy relies on (a) being able to depress your currency rate rather than your economy and (b) unrestricted fiscal intervention to promote industrial expansion.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Nov 3rd, 2011 at 05:16:07 AM EST
[ Parent ]
One of the policies to cope with the stress created by the economic downturn was a limited form of job guarantee for "Heads of Households".

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Thu Nov 3rd, 2011 at 11:05:12 AM EST
[ Parent ]

Display:

Occasional Series