Tag Archives: Economics

Does the Euro Crisis Threaten the Global Economy in 2011? PIMCO’s Answer is Yes

Here is a cautiously optimistic perspective on the coming year’s economic outlook from PIMCO’s Saumil Parikh .  He forecasts a cyclical bounce in U.S. economic growth as a result of recent monetary and fiscal policy measures, mostly QE2 and tax policies.  On the other hand,  risks lurk in unsolved … Continue reading

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How bad are Ireland’s economic troubles?

An excellent article (appropriately titled) Threadbare from  The Economist  reports that Ireland’s banks have been unable to access wholesale capital markets, while corporate deposits have been fleeing abroad at an alarming rate in the past few weeks. This has left the banks … Continue reading

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Euro Debt and Deficit Levels

Eurostat, the statistical office of the European Union, released this morning the latest government deficit and debt data for the EU Member States.   In 2009, the deficit to GDP ratio in the entire euro area (EU16), and also for the wider group of EU member countries EU27  increased … Continue reading

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