#MustShare #spinechilling
Why Does EU Want to Become More Like US?
"competitiveness? More local prod'n, better #qualityoflife, more competition? No, its the opposite.. #healthcare an eg tt #USA outcompetes #EU, measured by #productivity & #profit (!) Ursula, Draghi & capital solutions r coming: lower #wages, a more #flexible #workforce (preferably machine), more #privateequity, more #privatization, more #assetprice #bubbles, & more #overindebtedness for the bottom 90%" 😯🇪🇺
https://www.nakedcapitalism.com/2024/10/why-does-the-eu-want-to-become-more-like-the-us.html

Loose #MonetaryPolicy and #FinancialInstability Do periods of persistently loose monetary policy increase financial fragility and the likelihood of a financial crisis? This is a central ? for policymakers yet literature does not provide #systematic #empirical# evidence about this link at the #AggregateLevel. In this paper we fill this gap by analyzing long-run #HistoricalData. https://www.nber.org/papers/w30958 #FinancialStability #FinancialSystem #risk #SystemicRisk #BankingSystem #Credit #AssetPrice