Read it at The Center of the Universe
More on Greece and the euro
by Warren Mosler
I assume that readers of this blog also read the major MMT blogs so I don't post link to them here, with the exception of posts especially significant wrt MMT. In the post, Warren provides a clear MMT analysis of the state of the EZ at present and prospects going forward.
"I assume that readers of this blog also read the major MMT blogs..."
ReplyDeleteI don't regularly follow all the major MMT blogs, so I'd appreciate links of import. Just let your regular readers roll their eyes as you expand your readership. ;)
Thank you!
Tom,
ReplyDeleteThis excerpt from Warrens Greece post just before the one you linked to:
"And, as previously discussed, the risk remains elevated that if Greece gets to haircut its obligations and gets funding, others will ask for the same, triggering a general, global, catastrophic financial meltdown."
Scary... Resp,
PS Ben Bernanke told the Senate he's got the Europe situation "firewalled"... just sayin'.
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