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links for 2011-09-02

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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

2 Comments

  1. Daniel says:

    some links about germany

    Konjunkturboom erreicht die Konten der Arbeitnehmer

    http://www.handelsblatt.com/politik/konjunktur/nachrichten/konjunkturboom-erreicht-die-konten-der-arbeitnehmer/4567762.html

    Aufschwung lässt Staatsdefizit schmelzen

    http://www.spiegel.de/wirtschaft/soziales/0,1518,783721,00.html

    Unemployment Fell in August for 26th Month as German Hiring Resisted Slump

    http://www.bloomberg.com/news/2011-08-31/german-unemployment-falls-as-hiring-holds-up.html

    Schäuble könnte sich neuen EU-Vertrag vorstellen

    http://www.zeit.de/politik/deutschland/2011-09/schaeuble-neuer-eu-vertrag

    I have the feeling that politicians are deeply divided wether they need something like a new EU treaty because it’s still pretty unclear what the medium to long term consequences would be. But I’d say that there is no general rejection, simply because some people think that doing nothing would lead to a complete blowup. Maybe Schäuble is reading Michael Pettis ;) (that’s what I thought when I heard that he wants to transfer more power to the EU (and logically that means, power away from him/the german government)

    But the average german absolutely doesn’t like the idea. But we also didn’t like the euro or the Solidaritätszuschlag etc. so if there is political consensus (the SPD and the greens already backed plans for a deeper fiscal integration) it will be done.