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Der Titel des BuchesBIG DEBT CRISES
Veröffentlichungsdatum
SpracheDeutsch
ISBN-108785318079-TGV
Digital ISBN908-3829128689-NGY
SchriftstellerVanessa Haugwitz
ÜbersetzerUdonna Faakhir
Seitenzahl492 Pages
EditorCornelia Bierkamp
E-Book FormatEPub PDF AMZ HWP WRD
Dateigröße3.53 MB
DateinamenBIG DEBT CRISES.pdf






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Debt and the accumulation of interest also make it difficult for countries to realize the potential of their own economies and keep citizens from enjoying their real purchasing power. To all this we can add widespread corruption and self-serving tax evasion, which have taken on worldwide dimensions. The thirst for power and possessions knows no limits. In this system, which tends to devour ...

With a common currency, it will be easier to compare prices in different European countries because they would all be in Euros. This enables firms to source cheaper raw material and consumers to buy cheaper goods, For example, arguably new car prices are higher in the UK than elsewhere, a single currency could help reduce these price differentials or make it easier for UK consumers to buy from ...

Italy is also in a better position than it might be, because it is less reliant on external sovereign debt holders and, above all, because it is too big to fail – and knows it. This is why it was able to offer a far bigger state-guaranteed loan programme than smaller southern European states – and with some credibility, even though its indebtedness is similarly dire.

The next administration will likely face a global debt crisis that could dwarf what the world experienced in 2008-2009. To prevent the worst, it will need to address the burdensome debt ...

At Treasury Secretary-designate Janet Yellen's confirmation hearing Tuesday she nodded to the need for the federal debt to be put on a "sustainable" path, at least eventually. Her more extensive comments defending President Joe Biden's $1.9 trillion coronavirus spending plan, however, reflected a steady shift in economists' thinking about the mountains of government debt across the ...

Debt is an efficient tool. It ensures access to other peoples’ raw materials and infrastructure on the cheapest possible terms. Dozens of countries must compete for shrinking export markets and can export only a limited range of products because of Northern protectionism and their lack of cash to invest in diversification.

Draghi is not afraid of venturing bold solutions to big problems. When the eurozone was facing a crisis of confidence in 2012, he famously told a conference in London that the ECB would do ...

"The structure of financial controls created by the tycoons of 'Big Banking' and 'Big Business' was of extraordinary complexity, one business fief being built on another, both being allied with semi-independent associates, the whole rearing upward into two pinnacles of economic and political power, of which one, centered in New York, was headed by J. P. Morgan and Company and the other, in ...