asterisk2a + iwf   8

Der Crash ist die Lösung | SWR1 Leute - YouTube
banks still TBTF, Systemrelevant. << enabled by Own Lobby influencing Career Politicians. haftungsgarantien von ECB are no more capitalism. +++ &&& +++ If even Germany - Wirtchaftslokomotive - export meister - does still have a budget deficit, while being that country that produces more than it consumes, who else if not Germany? But still doesn't. +++ "Die Zeit der Rendite ist vorbei." +++ Schulden zu haben, man ist nicht frei. Frueher hat man das sich gekauft was man sich leisten konnte, ohne kreditkarte, ohne dispo, ohne bankkredit. +++ NEW crash will come of even bigger proportion and even more rubble to clear up afterwards than 2008/9 - GFC. +++ Always buy in tranches, dispersed over time. +++ fractional reserve banking leads to this UBER crash as we live on a planet with finite resources. Current GDP fetish needs to stop. Change of mind, thinking, course. << this is the same with Mobile Creative, future workforce, Software eats the world, UK's productivity gap.
book  GFC  Debt  Super  Cycle  jubilee  sovereign  crisis  liquidity  trap  investigative  journalism  journalismus  monetization  private  consumer  bubble  monetisation  public  household  balance  sheet  recession  PIGS  Europe  lostdecade  lost  decade  lost  generation  greatrecession  greatdepression  toobigtofail  TBTF  OTC  derivatives  systemrelevant  Systemrelevanz  toobigtojail  Career  Politicians  accountability  transparency  Politics  Democratic  Process  democracy  short-term  thinking  long-term  thinking  financial  industry  LIBOR  rigging  scandal  trust  trustagent  confidence  corporatism  crony  capitalism  Lobbying  lobbyist  lobby  revolving  door  IMF  IWF  centralbanks  economic  history  capitalism  Thomas  Piketty  ECB  EZB  OMT  faultlines  budget  deficit  structural  deficit  Impediments  structural  imbalance  history  financial  repression  New  Normal  ZIRP  NIRP  QE  Beton  Gold  property  bubble  fragile  world  fagile  financial  system  external  shock  balckswan  monetary  stimulus  hunt  for  yield  speculative  bubbles  growth  round  equity  bubble  credit  bubble  asset  bubble  bond  bubble  Island  Agentina  Japan  UK  fractional  reserve  banking  GDP  economic  model  fiat  currency  fiat  money  USA  academia  acade 
june 2014 by asterisk2a
IMF study finds inequality is damaging to economic growth | Business | The Guardian
International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating. [...] It is 18 months since the IMF published its controversial view that government cuts to public-sector spending were having a larger detrimental effect than previously thought. The paper, written by its chief economist, Olivier Blanchard, was incendiary and sparked denials in London and Brussels where calls for austerity were strongest. [...] In an interview later Ostry said it was his belief that the inclusion of higher welfare payments would only support the argument in favour of redistribution. [... as there is a welfare, social security, pension payment cap on income in some of the G8 if I remember right, ie Germany for sure! ...] + http://www.ted.com/talks/richard_wilkinson "Richard Wilkinson: How economic inequality harms societies"
IMF  IWF  economic  history  income  mobility  income  inequality  income  distribution  income  redistribution  taxation  OECD  G8  tax  credit  tax  free  income  USA  UK  Germany  social  society  social  science  happiness  josephstiglitz  paulkrugman  Robert  Reich  Gini  coefficient  Robert  Skidelsky  GDP  public  policy  income  gap  macroeconomic  policy  macroeconomics  microeconomic  policy  microeconomics  inequality  gender  inequality  child  poverty  food  poverty  poverty  poverty  in  old  age  working  poor  middle  class  squeezed  middle  class  kalte  Progression  austerity  society  social-safety-net  mental  health  mental  illness  unequal  society  trust  distrust  socialsystem  Nordics  Japan  social  dysfunction  welfare  welfare  state  state  benefits  healthcare  prejudice  judgement  beauty  standard  body  image  Depression  social  study  social  status  Oxidative  stress  stress  Self-esteem  Richard  Wilkinson  public  health  policy  public  health  chronic  diseases  chronic  stress  sustainability  sustainable 
march 2014 by asterisk2a
Weltwirtschaftfonds warnt Deutschland vor hartem Sparkurs - SPIEGEL ONLINE
Mit dem Sparen kann man es auch übertreiben: Das ist eine Kernbotschaft des neuen IWF-Berichts über die Lage in Deutschland. Um die heimische Wirtschaft zu stärken, empfiehlt der Fonds auch Lohnerhöhungen. >> http://www.spiegel.de/wirtschaft/soziales/iwf-frankreich-soll-weniger-sparen-a-914953.html
France  debtoverhang  austerity  2013  economic  history  Debt  Super  Cycle  Europe  IWF  lostdecade  greatrecession  sovereign  crisis  IMF 
august 2013 by asterisk2a
BBC News - Reinhart, Rogoff... and Herndon: The student who caught out the profs
http://www.peri.umass.edu/236/hash/31e2ff374b6377b2ddec04deaa6388b1/publication/566/ "not every economy is same, times are always different." >> Reply by Rogoff & Reinhart: 'We were only arguing association, not causality.' [...] Discovering a spreadsheet error was never going to end the debate over austerity - and nor should it, according to Megan McArdle, special correspondent for Newsweek and The Daily Beast. >> http://www.spiegel.de/wirtschaft/panne-mit-excel-tabelle-rogoff-und-reinhart-haben-sich-verrechnet-a-894893.html "Olivier Blanchard (IMF) gestand ein die negativen Effekte der Sparpolitik auf das Wachstum unterschätzt wurden." >> Updated paper from Rogoff & Reinhart http://www.nber.org/papers/w18015 >> http://krugman.blogs.nytimes.com/2013/04/16/holy-coding-error-batman/ http://www.guardian.co.uk/commentisfree/2013/apr/16/unemployment-reinhart-rogoff-arithmetic-cause
academics  complexity  sociology  unintended  consequences  zombie  banks  academia  science  liquidity-trap  banking  crisis  carmenreinhart  political  folly  bank  crisis  macroeconomics  lostdecade  policy  folly  macroeconomic  policy  debtoverhang  lostgeneration  economic  history  philosophy  fiscal  policy  social  science  confidence  KennethRogoff  error  trustagent  paulkrugman  austerity  zombie  consumer  deleveraging  IWF  Richardkoo  balance  sheet  recession  IMF 
april 2013 by asterisk2a
Griechenland hat an Reformeifer verloren und will Sparkurs abschwächen - SPIEGEL ONLINE
Die Troika ist zurück in Athen - Griechenland nimmt den Besuch der internationalen Gläubiger so gelassen zur Kenntnis wie nie zuvor. Wichtige Reformen bleiben auf der Strecke, der Spareifer der Regierung ist erlahmt. Sie spielt auf Zeit und hofft auf frisches Geld.
Troika  PIIGS  greatdepression  2013  Greece  Politics  Austerity  human  tragedy  IWF  greatrecession  IMF 
february 2013 by asterisk2a
Scandal At The IMF: Senior Economist Resigns, Says "Ashamed To Have Had Any Association With Fund At All" | ZeroHedge
the following scathing letter which tears down every myth about the IMF: from its impartiality, to the selection process of its head, to its effectiveness. The letter also contains the following gem: "After twenty years of service, I am ashamed to have had any association with the Fund at all." Pretty much says it all. This is a scandal in the making, and one which may shake to the core the credibility of the IMF in the context of international organization.

***

IS the IMF a institution to ensure the status quo?
politicalscience  political  theory  politics  BOJ  BOE  Fed  ECB  centralbanks  BIS  Worldbank  academia  economic-thought  economic  model  economic  history  greatrecession  GFC  sovereign  debt  crisis  status  quo  IWF  austerity  PIIGS  troika  trustagent  trust  accountability  transparency  credibility  IMF 
july 2012 by asterisk2a

related tags

ABS  academia  academics  accountability  age  Agentina  asset  austerity  balance  balckswan  bank  banking  banks  beauty  benefits  Beton  BIS  body  BOE  BOJ  bond  book  bubble  bubbles  budget  Bundesbank  capitalism  Career  carmenreinhart  centralbanks  child  chronic  class  coefficient  Commission  communication  complexity  confidence  consequences  consumer  corporatism  credibility  credit  crisis  crony  currency  Cycle  debt  debtoverhang  decade  deficit  deflation  deflationary  deleveraging  democracy  Democratic  deposit  Depression  derivatives  diseases  disinflation  distribution  distrust  door  dysfunction  ECB  economic  economic-thought  equity  error  Europe  European  EuropeanSystemicRiskBoard  europeanunion  external  EZB  fagile  faultlines  Fed  fiat  financial  fiscal  folly  food  for  fractional  fragile  France  free  G8  gap  GDP  gender  generation  Germany  GFC  Gini  Gold  greatdepression  greatrecession  Greece  growth  haircut  happiness  health  healthcare  history  household  human  hunt  illness  image  imbalance  IMF  Impediments  in  income  industry  inequality  inflation  investigative  Island  IWF  Japan  josephstiglitz  journalism  journalismus  jubilee  judgement  kalte  KennethRogoff  levy  liberal  LIBOR  liquidity  liquidity-trap  lobby  Lobbying  lobbyist  long-term  lost  lostdecade  lostgeneration  macroeconomic  macroeconomics  MarioDraghi  mechanism  mental  microeconomic  microeconomics  middle  mobility  model  monetary  monetisation  monetization  money  New  NIRP  Nordics  Normal  OECD  old  OMT  OTC  Oxidative  paulkrugman  philosophy  PIGS  PIIGS  Piketty  policy  political  politicalscience  Politicians  politics  poor  poverty  prejudice  private  Process  Progression  property  public  QE  quo  recession  redistribution  reform  Reich  repression  reserve  revolving  Richard  Richardkoo  rigging  Robert  round  scandal  science  Self-esteem  sheet  shock  short-term  Skidelsky  social  social-safety-net  socialsystem  society  sociology  sovereign  sovereignty  speculative  squeezed  standard  state  status  stimulus  stress  structural  study  Super  sustainability  sustainable  system  systemrelevant  Systemrelevanz  targeting  tax  taxation  TBTF  theory  thinking  Thomas  toobigtofail  toobigtojail  tragedy  transmission  transparency  trap  troika  trust  trustagent  UK  unconventional  unemployment  unequal  unintended  union  USA  WallStreet  welfare  Wilkinson  working  world  Worldbank  yield  youth  ZIRP  zombie 

Copy this bookmark:



description:


tags: