CITIZENSHIP: Global, Eurozone, economic, Germany Size: China’s surplus Deflation, lower output High unemployment What is the root of high unemployment relative to fiscal policy of governments and global assemblies of countries and states? How has quantitative easing and bond buying in the US spurred employment growth or is that a myth? The author makes the case that Germany’s trade surplus is causing deflation and is so far off that prices are being driven down with concomitant unemployment of Eurozone members. If Germany starts buying its own bonds, the value of the Euro is predicted to drop. Are the values of the currency realistic given Europe’s GDP? This is not a bad article in that it raises even more questions. I am not sure the comparison of governments helps the argument; they are all different.
Posted on: Wed, 06 Nov 2013 13:20:55 +0000
Trending Topics
Recently Viewed Topics
© 2015