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It looks like we’re approaching an inflection point of great danger in working through problems in creating Economic Recovery. The inflection point is coming because there has been little economic...
View ArticleRepeat after Me: The USA Does Not Have a ‘Greece Problem’
By Marshall Auerback (Cross-posted from New Deal 2.0) [Reprinted with the permission of the author] To paraphrase Shakespeare, things are indeed rotten in the State of Denmark (and Germany, France,...
View ArticlePart of the Problem
By Warren Mosler and Joseph M. Firestone Paul Krugman agrees that “We’re Not Greece.” But he only appears to have a glimmer of an understanding of the most important reason why this is so. We hope this...
View ArticleG20 Says Expansionary Fiscal Policy Not Sustainable
By Warren Mosler With permission of the author The G20 has dropped its support for fiscal expansion. The deficit hawks are prevailing. But why is that? We all either know or should know that...
View ArticleThe Eurozone Torture Chamber
By Warren Mosler (With permission of the author) (Cross-posted from Correntewire.com) Looking like it was another ‘buy the rumor sell the news’ near term. Photo: Images of Money / Flickr. After you do...
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