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Federal Reserve is headed down a familiar — and highly dangerous — path. Jeremy Warner, Telegraph, 18 Nov The core idea behind secular stagnation was that the neutral real rate had for a variety of reasons fallen and might well be below zero In more technical economic language, secular stagnation is the hypothesis that the IS curve has shifted back and down so that the real interest rate consistent with full employment has declined. Amorteringars effekter på bostadspriser och konsumtion I samband med finanskrisen har bostadspriserna fallit i många EU-länder. The business cycle still exists.

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Speech by President Juncker at the European Parliament Plenary session on the Economic and Monetary Union "This has nothing to do with institutional power grabs or federal dreams.

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The Germans have a name for their unique economic framework: Gavyn Davies, FT 6 January Debt ratios in developing Asia have surpassed extremes seen just before the East Asian financial crisis blew up in the late s companies have borrowed unprecedented sums in dollars, leaving the region highly vulnerable to US monetary tightening. Greece could struggle to win German support for its third bailout programme after IMF confirmed last night that it was not yet prepared to put any cash into the deal. Martin Wolf, Financial Times, September 3, Still, prosperity eludes them. But that seems too sanguine to this newspaper.

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