less-risky Archives - gandeste.org https://gandeste.org/tag/less-risky/ "(...) între ceea ce știi și ceea ce nu știi, este ceea ce presupui (...)" Thu, 25 Jun 2020 15:02:26 +0000 ro hourly 1 https://gandeste.org/wp-content/uploads/2020/07/cropped-104182978_1671835229636173_6557307592643905737_n-e1595719220399-1-32x32.jpg less-risky Archives - gandeste.org https://gandeste.org/tag/less-risky/ 32 32 The Dynamics Of Doom: Why The Eurozone Fix Will Fail https://gandeste.org/analize-si-opinii/the-dynamics-of-doom-why-the-eurozone-fix-will-fail/17636/ https://gandeste.org/analize-si-opinii/the-dynamics-of-doom-why-the-eurozone-fix-will-fail/17636/#respond Tue, 26 Jul 2011 07:08:59 +0000 http://gandeste.org/?p=17636 The only way out of the Eurozone end-game is massive debt forgiveness and a return to national currencies. The first will destroy the banks, the second will destabilize the German export economy. “Extend and pretend” is an endgame, not a fix. Let’s dig into the dynamics of doom: 1. The consequences of austerity. The kleptocratic […]

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