Bezuinigen in Italië zal niet werken

Tyler Cowen:

The only answer, if that is the right word, is a central bank. Right now central banks need to be doing everything they can to avoid a second Great Depression. I talk to many smart people, and I am continually surprised how many of them do not realize the urgency of the current situation.

Why Italian fiscal austerity won’t work — Marginal Revolution:

'via Blog this'