Upped my eurozone proposal to 20% of gdp
“”The backstop package for Greece and the ECB’s climb-down on its collateral rules set a bad precedent for other euro area states and make it
April 16, 2010
“”The backstop package for Greece and the ECB’s climb-down on its collateral rules set a bad precedent for other euro area states and make it
Looks like it’s on and I’ll be there. All invited to attend. Will get details later today and tomorrow. Will be getting a press release
Tom Hickey Reply: April 3rd, 2010 at 12:38 am MDM, the key here is the MMT concept of vertical and horizontal in relation to money
The institutional structure puts the Eurozone in a very awkward position. The higher deficits desired by the economy to restore non govt net financial assets
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