A long, in depth piece concerning Italy leaving the Eurozone. Also see the recent article by Joseph Stiglitz on the topic here
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Economics
Guntram B. Wolff: Germany’s current account surplus and corporate investment
Following the 1990s post-reunification period and since the beginning of monetary union, Germany’s current account has grown substantially. In the crisis years, Germany’s lost about 15 percentage points of GDP in its external investments, but […]
Economics
U.S. Securities and Exchange Commission: Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation
Largest Penalty Ever Imposed by SEC Against an Audit Firm Read Here Photo: Avi1111 dr. avishai teicher licensed under the Creative Commons Attribution-Share Alike 3.0 Unported
Economics
Heiner Flassbeck: Overkill – The ECB is driving the European economy up the wall and everyone is watching
The economic situation in Germany is bad, very bad indeed. There are indicators such as the so-called Markit PMI that predict a similarly devastating scenario for German industry as at the time of the great […]
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