Comments on: A year is a long time in economic forecasting http://fistfulofeuros.net/afoe/economics-and-demography/a-year-is-a-long-time-in-economic-forecasting/ European Opinion Mon, 13 Feb 2012 07:39:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Doug Merrill http://fistfulofeuros.net/afoe/economics-and-demography/a-year-is-a-long-time-in-economic-forecasting/comment-page-1/#comment-23783 Doug Merrill Thu, 19 Feb 2009 05:50:49 +0000 http://fistfulofeuros.net/?p=4708#comment-23783 Oh man, I'm going to have to break out my copy of the Maastricht Treaty again, which I hoped to leave in mothballs for many years to come. Somewhere around Article 109 there should be the circumstances under which the criteria for joining the eurozone (themselves found in Art. 109(j)) can be relaxed. With demand taking the express elevator into the sub-basement, now is not the time to worry about excess deficits. Because there isn't going to be growth, and unless the EU governments get with the programme, there may be a lot of stability lost as well. Oh man, I’m going to have to break out my copy of the Maastricht Treaty again, which I hoped to leave in mothballs for many years to come.

Somewhere around Article 109 there should be the circumstances under which the criteria for joining the eurozone (themselves found in Art. 109(j)) can be relaxed.

With demand taking the express elevator into the sub-basement, now is not the time to worry about excess deficits. Because there isn’t going to be growth, and unless the EU governments get with the programme, there may be a lot of stability lost as well.

]]> By: The EU Bonds Story Rumbles On | Bear Market Investments http://fistfulofeuros.net/afoe/economics-and-demography/a-year-is-a-long-time-in-economic-forecasting/comment-page-1/#comment-23778 The EU Bonds Story Rumbles On | Bear Market Investments Thu, 19 Feb 2009 01:02:19 +0000 http://fistfulofeuros.net/?p=4708#comment-23778 [...] soon against EU member states which let their budget deficits rise above the 3% threshold (see P O’Neill post here). The EU’s executive arm plans Wednesday to examine the budgetary circumstances of several [...] [...] soon against EU member states which let their budget deficits rise above the 3% threshold (see P O’Neill post here). The EU’s executive arm plans Wednesday to examine the budgetary circumstances of several [...]

]]> By: The EU Bonds Story Rumbles On | afoe | A Fistful of Euros | European Opinion http://fistfulofeuros.net/afoe/economics-and-demography/a-year-is-a-long-time-in-economic-forecasting/comment-page-1/#comment-23774 The EU Bonds Story Rumbles On | afoe | A Fistful of Euros | European Opinion Wed, 18 Feb 2009 22:31:34 +0000 http://fistfulofeuros.net/?p=4708#comment-23774 [...] PreviousNext European Impressions « Ukraine GDP Down 20% In January A year is a long time in economic forecasting [...] [...] PreviousNext European Impressions « Ukraine GDP Down 20% In January A year is a long time in economic forecasting [...]

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