Steve Keen on BBC HARDtalk


Länkar (artiklar om krisen):
- Eurozone Catastrophe: How Saving the Euro Could Mean Blood on the Streets, Marshall Auerback, Alter Net 2/12 2011 (Citat ur: The problem is that the ECB is only willing to do so for countries willing to submit themselves to harsh austerity measures as a quid pro quo. This strategy might well save the euro, as it will diminish the markets’ concerns about national solvency. But the cost is likely to be yet even more depressed economic activity, higher unemployment, lower tax revenues, higher social welfare expenditures and, consequently, even higher public deficits. And isn’t that precisely what the Germans in particular most fear?……………
Unfortunately, the EMU is captive to the same kind of thinking as the Germans, who continue to view this crisis as one which has been caused by fiscal profligacy in the periphery countries, rather than seeing it for what it is: a crisis of the euro’s institutional design itself.)