This Keynesian economist WANTS USdollar hegemony to end? Might as well give the dollar its last rights before the hanging. The death of the USDollar--by suicide. That will make a great headline.
Next thing we know, the Fed Chairman will be dumping dollars out of a helicopter. Ooops, it's already happened.
What's that other expression? Be careful what you wish for; you may get it.
http://mobile.nytimes.com/2014/08/28/opinion/dethrone-king-dollar.html?referrer=&_r=3
Showing posts with label Chief Economist. Show all posts
Showing posts with label Chief Economist. Show all posts
Monday, September 8, 2014
Monday, February 15, 2010
ECB Chief Economist Stark on Greece, the Euro, and the US
http://www.spiegel.de/international/europe/0,1518,druck-677544,00.html
SPIEGEL:
Stark:
Government economists and bureaucrats seem to only become honest when throwing stones at others' glass houses.
SPIEGEL:
Mr. Stark, Greece is threatened with a national bankruptcy, other European Union countries are heavily in debt and the common currency has come under great pressure. How safe is the euro these days?
Stark:
We have been in a global crisis for more than one-and-a-half years now. We still can't say whether it's over. But you could just as easily apply your question to other regions. No one talks about whether the United States could break apart because of California's ailing finances.
Government economists and bureaucrats seem to only become honest when throwing stones at others' glass houses.
Labels:
California,
Chief Economist,
ECB,
euro,
global crisis,
Greece,
Spiegel,
Stark,
USDollar
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