Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The flaws of the EU's asymmetric approach to imbalances | 132 comments (132 topical, editorial, 0 hidden)
Re: The flaws of the EU's asymmetric (none / 1)
I'm just an amateur in economics, but i agree with everything in this article. I'm just skeptical about the finance being somehow "cured" from real estate and another asset credit business. What stops them? Even if there would be real investment, growth and balanced trade would that keep banks off the real estate? The countries would create the bubbles all by themselves, with their own surpluses. Ireland did, and the rest surplus countries like Nordic countries and Holland are following the same path.
by kjr63 on Tue Jul 19th, 2011 at 05:28:01 PM EST

Others have rated this comment as follows:

Carrie 4

The flaws of the EU's asymmetric approach to imbalances | 132 comments (132 topical, 0 editorial, 0 hidden)
Display: