Tag Archives: Euro

The true story of the Euro crisis

Most economist agree on the causes of the repeated crises of the Eurozone but that explanation is not the one that many governments, and the European Commission, want you to believe. * The problems of the Eurozone – bank failures, sovereign debt crises and bailouts and above all a protracted recession and mass unemployment –… Continue Reading

New evidence on the causes of the Eurozone problems

While the US and UK economies are both recovering quite decisively from their post-crisis recessions, the Eurozone is not. And unemployment is at appalling levels in much of “peripheral” Europe, particularly for young people. Current macroeconomic policy consists of low interest rates from the European Central Bank (ECB) but nothing like the quantitative easing we… Continue Reading