{"id":2493,"date":"2011-11-30T23:21:25","date_gmt":"2011-12-01T04:21:25","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2493"},"modified":"2011-11-30T23:21:25","modified_gmt":"2011-12-01T04:21:25","slug":"europe-solves-the-wrong-problem-macrobusiness-com-au","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/","title":{"rendered":"Europe solves the wrong problem &#8211; macrobusiness.com.au"},"content":{"rendered":"<p>Liquidity is an immediate issue for the banking system, but the long term issue is solvency caused by the imbalances that have grown, and continue to grow, within the European economy. Deflationary policies that have been pushed onto the periphery are making that worse&#8230;.<\/p>\n<p>via <a href=\"http:\/\/www.macrobusiness.com.au\/2011\/12\/europe-solves-the-wrong-problem\/?utm_source=Media+List&amp;utm_campaign=7426c5a47a-RSS_DAILY_MAILCHIMP_CAMPAIGN&amp;utm_medium=email\">Europe solves the wrong problem &#8211; macrobusiness.com.au | macrobusiness.com.au<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liquidity is an immediate issue for the banking system, but the long term issue is solvency caused by the imbalances that have grown, and continue to grow, within the European economy. Deflationary policies that have been pushed onto the periphery are making that worse&#8230;. via Europe solves the wrong problem &#8211; macrobusiness.com.au | macrobusiness.com.au.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[381,962,983,1295,2117,3178,3190],"class_list":["post-2493","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-banks","tag-debt-crisis","tag-default","tag-euro-zone","tag-liquidity","tag-solvency","tag-sovereign-debt-exposure"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Europe solves the wrong problem - macrobusiness.com.au - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe solves the wrong problem - macrobusiness.com.au - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Liquidity is an immediate issue for the banking system, but the long term issue is solvency caused by the imbalances that have grown, and continue to grow, within the European economy. Deflationary policies that have been pushed onto the periphery are making that worse&#8230;. via Europe solves the wrong problem &#8211; macrobusiness.com.au | macrobusiness.com.au.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-12-01T04:21:25+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Europe solves the wrong problem &#8211; macrobusiness.com.au\",\"datePublished\":\"2011-12-01T04:21:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/\"},\"wordCount\":66,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"banks\",\"debt crisis\",\"default\",\"euro-zone\",\"liquidity\",\"solvency\",\"sovereign debt exposure\"],\"articleSection\":[\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/\",\"name\":\"Europe solves the wrong problem - macrobusiness.com.au - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-12-01T04:21:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/europe-solves-the-wrong-problem-macrobusiness-com-au\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Europe solves the wrong problem &#8211; macrobusiness.com.au\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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In Europe, a more important market for Vale than Rio, steel\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":612,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/03\/european-m1-signalling-recession-macrobusiness-com-au-macrobusiness-com-au\/","url_meta":{"origin":2493,"position":1},"title":"European M1 signalling recession &#8211; macrobusiness.com.au | macrobusiness.com.au","author":"ColinTwiggs","date":"September 3, 2011","format":false,"excerpt":"I noticed that the ECB had provided an update for July today and it seems to confirm, assuming previous trends hold, that Europe is headed for, or is already in, recession. The Eurozone\u2019s narrow money (M1) trends continue to weaken, signalling that the slowdown in economic growth is going to\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5628,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/01\/david-murray-australian-government-spending-on-alarming-trajectory\/","url_meta":{"origin":2493,"position":2},"title":"David Murray: Australian government spending on alarming trajectory","author":"Colin Twiggs","date":"October 1, 2012","format":false,"excerpt":"David Murray, former Chairman of the Future Fund and former CEO of the Commonwealth Bank warns growing debt-funded entitlement could end with a Europe-style debt crisis. http:\/\/youtu.be\/g1wxwSDzNRs Hat tip to Unconventional Economist at Macrobusiness.com.au","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/g1wxwSDzNRs\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1026,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/28\/sp-warns-on-chinese-property-macrobusiness-com-au\/","url_meta":{"origin":2493,"position":3},"title":"S&#038;P warns on Chinese property &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"September 28, 2011","format":false,"excerpt":"Chinese developers face an \u201cincreasingly severe\u201d credit outlook, which may force them to cut prices and turn to costlier funding sources as sales weaken, Standard & Poor\u2019s said. A 30 percent decline in sales may leave many developers facing a liquidity squeeze, S&P said after conducting stress tests of the\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1227,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/09\/imf-stress-tests-chinaaustralia-bust-macrobusiness-com-au\/","url_meta":{"origin":2493,"position":4},"title":"IMF stress tests China\/Australia bust &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"October 9, 2011","format":false,"excerpt":"I don\u2019t wish to be too alarming. These are stress tests and scenarios not yet reality. But, there is logic in the thought that we currently face the possibility of the final two scenarios happening simultaneously. That is, a Western recession triggered by European and US austerity (not to mention\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":342,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/20\/innovate-or-die-macrobusiness-com-au-macrobusiness-com-au\/","url_meta":{"origin":2493,"position":5},"title":"Innovate or die &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"August 20, 2011","format":false,"excerpt":"Spence says it has not yet been fully recognised that the economic malaise is not just a cyclical downturn caused by excess debt, over-consumption, low interest rates and lax regulation, but part of a long-term structural change brought about by globalisation and technology, which are shifting the comparative advantage in\u2026","rel":"","context":"In &quot;The Big Picture&quot;","block_context":{"text":"The Big Picture","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/the-big-picture\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=2493"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2493\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=2493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=2493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=2493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}