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Post by SouthStandShrew on Jan 29, 2015 13:10:40 GMT 1
Impressive start by the new Greek goverment.
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Post by SeanBroseley on Jan 30, 2015 21:53:21 GMT 1
The Finance Minister, Yanis Varoufakis, is a Post-Keynesian economist - which is to say he is worth reading. Free e-book download currently available here: Europe after the Minotaur
He also has a blog here: Yanis Varoufakis
With regard to exiting the euro this blog post from 2011 is an interesting read: Exiting the Euro
Since 2011 there has been a bail-out. We are told that the bail-out was of Greece - in fact it was a bail-out of the financial institutions (particularly German banks) who held Greek government bonds. As he implies in the 2011 post the best result would be an exit of Germany from the euro - the DM would appreciate in value vis-a-vis the euro as an adjustment of the balance of payments of problem.
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Post by sussexshrew on Jan 31, 2015 15:00:58 GMT 1
Thank you for that SeanB, especially the link... and the fact about who actually were bailed out.
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