Markets

John Maynard Keynes Made A Killing In The Stock Market

[credit provider=”en.wikipedia.org” url=”http://en.wikipedia.org/wiki/John_Maynard_Keynes”] According to legend, John Maynard Keynes, the founding father of deficit spending, was also an ace investor.Now, a new study from two Cambridge University professors has proved it.
John Maynard Keynes Made A Killing In The Stock Market
News

CHART: Who Was A Bigger Keynesian, Obama Or Reagan?

Last week we brought you this chart, demonstrating that the unemployment rate under President Obama is coming down fairly quickly — though not as quickly as it did under President Reagan in the months before he won a landslide re-election in 1984.
CHART: Who Was A Bigger Keynesian, Obama Or Reagan?
News

Weimar Germany Was Destabilized By Unpopular Austerity Measures, Not Hyper-Inflation

[credit provider=”Magyar Nemzeti Múzeum Történeti Fényképtára, Budapest” url=”http://mek.oszk.hu/01900/01906/html/index1433.html”] Germany’s position in Europe looks increasingly peculiar and vulnerable.In the chaos of German unification in 1990, when Germany’s neighbours were terrified of the new giant, then-Chancellor Helmut Kohl promised a European Germany, not a German Europe.
Weimar Germany Was Destabilized By Unpopular Austerity Measures, Not Hyper-Inflation
News

Greece Has Effectively Excluded Itself From The Eurozone

[credit provider=”AP”] In Greece, three-quarters of the independent doctors, lawyers, and engineers declare taxable income below the existential minimum. Tax fraud amounts to €20 billion per year (8.5% of GDP). And tax dodgers owe €63 billion in unpaid taxes (27% of GDP).The country is bankrupt and has been kept afloat […]
Greece Has Effectively Excluded Itself From The Eurozone
Markets

This Old Paragraph From Keynes Is Ominous For The Future Of Europe

[credit provider=”en.wikipedia.org” url=”http://en.wikipedia.org/wiki/File:Nazi-parading-in-elysian-fields-paris-desert-1940.png”] Most analysts agree that, for Europe, the latest resurgence in confidence is only skin deep.After the November central bank intervention, the December cash-for-crap-assets lending program (LTRO), and headlines about Greece’s new bailout, the trading mood has turned optimistic even as progress lags and remains unsteady.
This Old Paragraph From Keynes Is Ominous For The Future Of Europe