EA Infernal Devaluation Progressing
…Europe are stickier than what is needed to effectively drive the terms of trade via internal devaluation. Better put: downward pressure in European wages moves more like molasses than water;…
…Europe are stickier than what is needed to effectively drive the terms of trade via internal devaluation. Better put: downward pressure in European wages moves more like molasses than water;…
…that month was revised downwards. Retailers themselves may pay the price for their massive discounting: Not only might their quarterly earnings be affected by the margin pressure, but they continually…
…given the likely drop in the jobless rate. That may fuel price pressures in the economy, he said. Then again, maybe not: “It means there is less slack in the…
…these flows slowed further in coming months/quarters without a broad policy response from within Europe. Given the persistence of the transfer outflows, waning foreign demand for EA assets would pressure…
…then later backtracked. Certainly, Grover Norquist has been making sure the pressure is on from the corporate masters of our pseudo-democracy–the Hill notes Norquist’s statement Monday that both Senate and…
…the head when he identified the following economic pressure point progressives should slam: “If I had to give the Occupy Wall Street movement a piece of advice, I would tell…
…to sell short-term Treasuries and buy long-term Treasuries (known as Operation Twist) has put downward pressure on long-term interest rates. But, with the 10-year yield already down to about 2…
…those sovereigns/banks that are solvent but face funding pressures. The ECB has addressed the funding pressure for the near term and is likely to continue to do so. Expectation for…
…be under pressure from her Silicon Valley constituency- all those big IT companies that find it easiest to “transfer” their intellectual property to foreigners and then avoid US taxes, and…
…own re-election needs. Given the pressure to make decisions based on the need for large sums, Lessig suggests that policy does not dominate: 1. While elected officials are dependent now…