About this document

Misdiagnosis of Euro Crisis Explained by CharlieFell is a document available to read on EtoBox.

The document summarizes that the standard narrative from EU policymakers that fiscal profligacy among peripheral eurozone countries like Greece, Ireland, Portugal and Spain primarily caused the euro crisis is not supported by facts. While Greece did run large deficits, other peripheral countries generally had deficits below 2% of GDP until 2008 and lower than Germany from 2001-2006. The crisis was actually caused more by unsustainable intra-eurozone imbalances and current account deficits among peripheral c

Author

CharlieFell

Language

EN