◀ The Principal Blog

Posts tagged ‘Spain’

At Last! QE in the ECB!

You’ll want to mark 22 January on your calendars as a date to remember. Not because it’s the birthday of Lord Byron, nor that it’s the anniversary of the maiden voyage of the first “jumbo jet,” Boeing’s 747. Rather, 22 January is important because the European Central Bank (ECB) finally…

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Europe Changes Its Tune on Growth vs. Austerity

Oh dear. Reinhart and Rogoff may wish to avoid ever holidaying in Greece, Portugal, or Spain. Their seminal (and now-disproved) paper – arguing that once a country’s public debt was over 90% of their GDP, there is a strong negative relationship with the country’s economic growth –…

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