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Arthur Donner
Eurozone financial crisis worsened by central bank
“The Eurozone Summit of October 27 saw the first three steps: a “haircut” imposing losses of 50 percent on creditors who own Greek government debt: a recapitalization of Europe’s banks,…
The Global Financial Meltdown
Can We Avoid Another Minsky Moment? Download 120 KB3 pages…
Rating Canada’s Credit Rating Agencies
The case for a better system Download 102.8 KB3 pages…
How Will the Budget Stimulus Work When Central Bank Rates Are Close To Zero?
Why Tax Cuts Are the Worst Possible Fiscal Stimulus Download 229.27 KB4 pages…
Money, Bank Capital and Zero Interest Rates
With Central Bank Rates Approaching Zero, Can Economic Policy Be Effective? Download 223.77 KB 6 pages…
November 2008: Help the Poor To Help the Nation
Poverty reduction is the best cure for an ailing economy Canadians are looking to their federal and provincial governments to protect them from the repercussions of the global financial credit…
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