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JakilaTheHun (99.93)

June 2011

Recs

14

Applying the Mankiw Rule to the Eurozone

June 28, 2011 – Comments (19) | RELATED TICKERS: FXE , FEZ

The lack of independent monetary policy within the Eurozone is one of the more economically destructive aspects of the system.  Every individual nation in the 17-member grouping is forced to adopt a common monetary policy; even while they all continue to function as sovereign nations otherwise.  The result is that money supply in each individual nation cannot be adjusted for the observed market conditions.   In my view, this is the Euro’s biggest flaw.  [more]

Recs

25

Greece is the First Domino in a Crumbling Eurozone

June 27, 2011 – Comments (8) | RELATED TICKERS: FXE

Jamie Dimon, CEO of J.P. Morgan, recently made some interesting remarks on the Greek debt crisis.   Not only does Dimon believe that Greece won’t default, but that if it does, it will merely be a minor blip.    [more]

Recs

32

Babbling About Keynes, Part I

June 06, 2011 – Comments (14)

  [more]

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