Another "Print Your Way to Prosperity" Mindless MMT Proposal
Continue reading here: Another "Print Your Way to Prosperity" Mindless MMT Proposal
Hard hitting global and local news
Continue reading here: Another "Print Your Way to Prosperity" Mindless MMT Proposal
Read the original: Harvard Professor Frankel Proposes "ECB Should Buy US Treasuries" to Fix Eurozone Problems
Read More: Wholesale Sales Unexpectedly Decline (Most in Nearly Five Years), Inventories Unexpectedly Rise
Taken from: Culture of Greed and Arrogance: Minutes Show Bank of England was Aware of Currency Rigging Eight Years Ago
Followup post by el Economista The Ministry of Economy approved the bankruptcy reform legislation to save viable businesses including a provision that transforms debt into equity . If creditors representing at least 60% of the financial liability agree, forced conversion of loans into equity may last up to five years. If creditors representing at least 75% of the financial liability agree, forced conversion of loans into equity may last ten years
More: Nonfarm Payrolls +175,000, Household Survey +42,000; Unemployment Rate 6.7%
Links US hypocrisy over ‘Russian aggression’ in Ukraine March 5, 2014 ( Nile Bowie for RT ) - As divisions deepen between the eastern and western regions of Ukraine, the backers of the putsch regime in Kiev portray Russia as a reckless aggressor to absolve their own responsibility for engineering the crisis. A woman and a young boy walk past pro-Russian self-defence activists standing guard in front of the Crimean Cabinet of the Ministers in Simferopol on March 2, 2014. (AFP Photo / Genya Savilov) While denunciations of Moscow have streamed out of western capitals in recent days over the standoff in Crimea, it should be understood that the political crisis currently unfolding in Ukraine could have been wholly avoided