Comments on: Doomed Europe http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ag4601 http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/comment-page-1/#comment-46997 Mon, 13 May 2013 04:44:26 +0000 https://blogs.reuters.com/felix-salmon/?p=21642#comment-46997 Sinn’s take on state defaults of mid-19th century as flowing from Hamilton’s federal debt project is incomplete at best. The popular view of these defaults as the end of moral hazard is equally misguided. Since then, the US has doubled down on debt mutualization with a federal income tax and federal counter-cyclical spending. This may be good, bad, or neither — but the lessons Europe takes from US federalism too often seem selective and misinformed.

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By: Chris_colorado http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/comment-page-1/#comment-46968 Fri, 10 May 2013 19:19:54 +0000 https://blogs.reuters.com/felix-salmon/?p=21642#comment-46968 This seems a little dated as the worst edge of the crisis has passed, and a some of this and that worked.

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By: OneOfTheSheep http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/comment-page-1/#comment-46955 Fri, 10 May 2013 03:44:14 +0000 https://blogs.reuters.com/felix-salmon/?p=21642#comment-46955 Margaret Thatcher was absolutely right. Eventually Socialism runs out of other people’s money. It looks more and more like today is “eventually”.

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By: FifthDecade http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/comment-page-1/#comment-46954 Fri, 10 May 2013 02:28:51 +0000 https://blogs.reuters.com/felix-salmon/?p=21642#comment-46954 Being in the Euro just means there is no hiding place for economies that need restructuring. What the Euro effectively does to the Euro-periphery is to dress them in Madonna’s “underwear on the outside” attire; we can see all the holes in their system.

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By: Panskeptic http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/comment-page-1/#comment-46937 Wed, 08 May 2013 21:58:48 +0000 https://blogs.reuters.com/felix-salmon/?p=21642#comment-46937 The American sees a remedy. The European insists on paralysis.

That’s why Europe is what it is.

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By: logicus http://blogs.reuters.com/felix-salmon/2013/05/07/doomed-europe/comment-page-1/#comment-46928 Wed, 08 May 2013 01:35:08 +0000 https://blogs.reuters.com/felix-salmon/?p=21642#comment-46928 The rich from the poor indebted EU countries need to start paying taxes.

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