by Gaius Publius on 1/14/2011 02:34:00 PM



Paul Krugman has an excellent, major magazine piece at the Times on the prospects for Europe and the euro, as both climb out of crisis, painfully and slowly. Its title is "Can Europe Be Saved?" and the title is apt. The answer is not necessarily Yes.

Almost everyone knows something about ( Read more... )

( Read more... )

by Gaius Publius on 11/26/2010 05:25:00 PM



Paul Krugman has a nice column today detailing the differences between what's happening in Ireland (austerity, lots of it, without discernible result) versus Iceland (letting bankers fail, recovery on the horizon). It's a terrific, and telling, comparison.

But I'd just like to focus on ( Read more... )

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Note To Mods: Better make 'Portugal', 'Spain' and 'Euro Zone' tags. I suspect we're gonna need 'em.

The Guardian

Irish economy faces double dip recession
Ireland's economic recovery stalls as figures reveal national output dropped by 1.2% in the second quarter of 2010.

Ireland's recovery from the deepest recession of any eurozone country came to a quick and unexpected end today when the Irish government announced that national output dropped by 1.2 ( Read more... )

It is being widely reported today that Ireland pulled out of recession in the third quarter, with Irish GDP rising by a greater than expected 0.3% QoQ.

Since being the first more major EU country falling into recession, Ireland has fallen into what most economists could agree is a capital "D" Depression, along with other advanced nations like ( Read more... )

Bloomberg:
Dublin’s Deflation Sounds Alarm as ECB HesitatesNone of the customers who come into Dublin’s Kingsbury Furniture these days expect to pay full price ( Read more... )

AFP:
Ireland slashes growth forecasts...The country now forecasts a decline in Gross Domestic Product (GDP) of 7.7 percent this year, and a contraction of 2.9 percent next year before returning to growth of 2.7 percent in 2011 ( Read more... )