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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label eurozone debt crisis. Show all posts

Wednesday, May 16, 2012

Greeks Mount Civil Disobedience, Scorn Taxes

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Raising taxes has been one of the major proposed elixir of “growth” by mainstream analysts for resolving the crisis in the Eurozone. More in...

Wednesday, March 28, 2012

US Federal Reserve Admits Bailout of the Eurozone

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The US Federal Reserve finally admits or officially confirms of their bailout of the Eurozone The Bloomberg reports , Federal Reserve...

Saturday, March 24, 2012

Buy Low, Sell High the Euro Crisis

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Daily Reckoning’s Chris Mayer opines that the Eurozone crisis is a golden opportunity for investors because it represents “the biggest fires...

Wednesday, November 02, 2011

The Swiftly Unfolding Political Drama in Greece

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Last week the ECB’s Bazooka deal seems to gotten the financial market upbeat. Yesterday, positive sentiments suddenly evaporated on the bi...

Friday, August 19, 2011

US Federal Reserve Acts on Concerns over Europe’s Funding Problems

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The whack a mole strategy being applied by officials of crisis stricken doesn’t seem to work. Now the US officials are getting increasingl...

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