Economia
"Specifically, the reason Greece (and Ireland, and Portugal, and to some extent Spain) are in so much trouble is that by adopting the euro they’ve left themselves with no good way out of the aftereffects of the pre-2008 bubble. To regain competitiveness, they need massive deflation; but that deflation, in addition to involving an extended period of very high unemployment, worsens the real burden of their outstanding debt. Countries that still have their own currencies don’t face the same problems."
(repostado por Krugman aqui)
- Portugal, A Seguir à Grécia
No New York Times Debt Crisis Watch Turns to Portugal em destaque no Google. O texto é uma descrição terrível da situação económica e financeira portuguesa. Alguns exemplos: Portugal e a Grécia são os países com a mais baixa taxa de poupança...
- Um Artigo Do Roubini
Num artigo de Roubini (via Sedes) no qual ele refere que : "For the Club Med members of the euro zone – Italy, Spain, Greece, and Portugal – public-debt problems come on top of a loss of international competitiveness. These countries had already lost...
- Um Artigo Muito Interessante
De Martin Wolf no FT (via Pedro Lains) do qual cito a conclusão nada optimista: "Where does that leave peripheral countries today? In structural recession, is the answer. At some point, they have to slash fiscal deficits. Without monetary or exchange...
- Fim Do Jogo
Endgame: The End of the Debt SuperCycle and How It Changes Everything Greece isn’t the only country drowning in debt. The Debt Supercycle—when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis—is...
- Fixar A Base Monetária
With a fixed monetary stock, deflation will ensue when the economy expands either in absolute terms or on a per capita basis with productivity gains. In both cases business does do better on average while the wage earner automatically receives higher...
Economia
Ler os Outros: Why Italy ? Why not America ? - Krugman
"Specifically, the reason Greece (and Ireland, and Portugal, and to some extent Spain) are in so much trouble is that by adopting the euro they’ve left themselves with no good way out of the aftereffects of the pre-2008 bubble. To regain competitiveness, they need massive deflation; but that deflation, in addition to involving an extended period of very high unemployment, worsens the real burden of their outstanding debt. Countries that still have their own currencies don’t face the same problems."
(repostado por Krugman aqui)
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- Portugal, A Seguir à Grécia
No New York Times Debt Crisis Watch Turns to Portugal em destaque no Google. O texto é uma descrição terrível da situação económica e financeira portuguesa. Alguns exemplos: Portugal e a Grécia são os países com a mais baixa taxa de poupança...
- Um Artigo Do Roubini
Num artigo de Roubini (via Sedes) no qual ele refere que : "For the Club Med members of the euro zone – Italy, Spain, Greece, and Portugal – public-debt problems come on top of a loss of international competitiveness. These countries had already lost...
- Um Artigo Muito Interessante
De Martin Wolf no FT (via Pedro Lains) do qual cito a conclusão nada optimista: "Where does that leave peripheral countries today? In structural recession, is the answer. At some point, they have to slash fiscal deficits. Without monetary or exchange...
- Fim Do Jogo
Endgame: The End of the Debt SuperCycle and How It Changes Everything Greece isn’t the only country drowning in debt. The Debt Supercycle—when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis—is...
- Fixar A Base Monetária
With a fixed monetary stock, deflation will ensue when the economy expands either in absolute terms or on a per capita basis with productivity gains. In both cases business does do better on average while the wage earner automatically receives higher...