Keyword: euro crisis
Hot Money (2/22/2012)
Speculative capital inflows have wreaked havoc in the destination economies.
Keywords: capital flows, contagion, euro crisis, exchange rate, hot money, market intervention, money economy, price ceiling, quantitative easing, real economy, Swiss franc, trade balance
Shaky Union (5/12/2010)
Even though members of the European Union have no control over their domestic monetary policies, their undisciplined domestic fiscal policies can still wreak great havoc for the financial health of the Union.
Keywords: balanced budget, budget deficit, California, debt, debt/GDP ratio, depreciation, EU, euro crisis, European Union, exchange rate, fiscal policy, Germany, Greece, monetary policy