News N Economics: GIIPS labour costs not moving in the "competitive" direction - 0 views
Instead of European Bailouts, Consider Default, Economists Say - NYTimes.com - 0 views
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Ireland accepted the financial rescue package, but many economists debate whether it would be better and fairer for the Continent's weakest economies to default on payments to lenders by an organized restructuring of debt. European countries cannot devalue their currencies. the monetary fund made clear its position on default when it issued a staff paper defiantly titled: "Default in Today's Advanced Economies: Unnecessary, Undesirable and Unlikely."
Film Debtocracy (full - ENG Subs) - 2 views
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