In recent posts Keynesians were criticized that hikes in the monetary base like Quantitative Easing (QE2) failed to lift the US economy, but it was the debt ceiling that helped to restore confidence in the US and that austerity can lead to GDP growth. Paul Krugman angrily replied that “even a huge rise in the …
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Category Archive: 5.) The United States
Costerg Says Triple Shock to Send Europe Into Recession
Dec. 19 (Bloomberg) — Thomas Costerg, a European economist at Standard Chartered Bank Plc, talks about shocks to the euro-zone economy in 2012. He speaks with Owen Thomas on Bloomberg Television’s “On the Move.”
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Costerg Says Triple Shock to Send Europe Into Recession
Dec. 19 (Bloomberg) -- Thomas Costerg, a European economist at Standard Chartered Bank Plc, talks about shocks to the euro-zone economy in 2012.
He speaks with Owen Thomas on Bloomberg Television's "On the Move."
Read More »
Read More »