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Blog > Archive by tag 'Wolfgang Munchau'

Posts Tagged ‘Wolfgang Munchau’

We Can’t Inflate Our Way Out of the Debt Crisis … So What CAN We Do?

March 12th, 2010 | No Comments

As I wrote last August:Commonly-accepted wisdom says that we can inflate our way out of our debt crisis.***But as I have previously noted, UBS economist Paul Donovan has demonstrated that governments can’t inflate their way out of debt traps, saying:Th…

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Naked Credit Default Swaps Are “Like Buying Fire Insurance On Your Neighbor’s House — You Create An Incentive To Burn Down The House”

March 1st, 2010 | No Comments

I have repeatedly argued that naked credit default swaps should be banned. See this and this.Savvy commentators like Wolfgang Munchau and Yves Smith are saying the same thing.As I wrote last July:Obama’s regulation of credit default swaps leave loopho…

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