12 de Novembro de 2012

Pergunta: O que mudaria no Orçamento do Estado português?

publicado por GWOM às 01:54

Milton Friedman Would Be Pushing For Easy Money Today

publicado por GWOM às 01:49

Almost 100 years ago, a young official in the UK Treasury sought to advise European policy makers on how daunting external debts might best be managed. There was, he argued, a limit to the national capacity to service debts. Those expecting further payments were bound to be disappointed. More than that, efforts by creditors to insist on further debt payments would be politically dangerous. “If they do sign,” he wrote to a friend, “they can’t possibly keep some of the terms, and general disorder and unrest will result everywhere.” He recommended a round of debt cancellation among European countries, a plan that would – at the stroke of a pen – remove much of the problem. When he was ignored by creditor governments, John Maynard Keynes quit his post to write the Economic Consequences of the Peace.

 

 

publicado por GWOM às 00:56

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publicado por GWOM às 00:39

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