Mike Norman Economics

An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.

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Showing posts with label debt restructuring. Show all posts

Showing posts with label debt restructuring. Show all posts

Monday, November 27, 2017

Michael Pettis — Why market liberalisation now may hurt China more

In the end, while standard macroeconomic reforms may work in theory -- albeit under an unrealistic set of assumptions -- they’ve never work...

Tuesday, August 4, 2015

Kenneth Rogoff — A New Deal for Debt Overhangs?

Rogoff outlines three alternatives for addressing the EZ crisis, or crises, and suggests one. Project Syndicate A New Deal for Debt Overha...

Thursday, July 2, 2015

Larry Elliott — IMF says Greece needs extra €50bn in funds and debt relief

International lender issues strong message to Europe by warning that Athens’ debts are unsustainable and it needs 20-year grace period on d...

Wednesday, February 4, 2015

Joseph Stiglitz — How Europe Failed Greece Over Austerity Plight

So, what is to be done? First, let us be clear: Greece could be blamed for its troubles if it were the only country where the troika’s medi...

Monday, November 21, 2011

Liquidate, liquidate, liquidate

Here's a summary of this counter-MMT position on resolving the financial crisis in the EZ: ...Obviously there will never be a “good t...

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