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Euro Crash diagnoses the three fatal design flaws in EMU as constructed by the Maastricht Treaty and analyses future likely monetary scenarios for Europe, demonstrating how the best of these would be the creation of a new narrow monetary union between France and Germany founded on strict monetarist principle and without a European Central Bank.
This sequel to the author's earlier well-received Euro On Trial, shows how European Monetary Union became a main engine of the global credit bubble and puts forward a set of remedies which would reduce the danger of further economic debacle emanating from serious flaws in the present policy-making framework of the European Central Bank.
This is a book about falling as a means of reconfiguring our relationship with living and dying. Dancer, choreographer, educator and therapist Emilyn Claid draws inspiration from her personal and professional experiences to explore alternative approaches to being present in the world. Contemporary movement based performers ground their practices in understanding the interplay of gravity and the body. Somatic intentional falling provides them a creative resource for developing both self and environmental support. The physical, metaphorical and psychological impact of these practices informs the theories and perspectives presented in this book. As falling can be dangerous and painful, encouraging people to do so willingly might be considered a provocative premise. Western culture generally resists falling because it provokes fear and represents failure. Out of this tension a paradox emerges: falling, we are both powerless subjects and agents of change, a dynamic distinction that enlivens discussions throughout the writing. Emilyn engages with different dance genres, live performance and therapeutic interactions to form her ideas and interlaces her arguments with issues of gender and race. She describes how surrender to gravity can transform our perceptions and facilitate ways of being that are relational and life enhancing. Woven throughout, autobiographical, poetic, philosophical, descriptive and theoretical voices combine to question the fixation of Western culture on uprightness and supremacy. A simple act of falling builds momentum through eclectic discussions, uncovering connections to shame, laughter, trauma, ageing and the thrill of release.
Euro Crash is a unique analysis of the European Monetary Union, arguing that it was not sub-optimal currency areas or profligate government spending but instead fatal flaws in monetary design and an appalling series of policy mistakes by the European Central Bank that lead to the current and ongoing Eurozone crisis.
The city of Downlode is being torn apart by the escalating conflict between the major criminal powers. At the centre of it all is Demi Octavo, Downlode's queen of crime. She's trying to hold the city together, but it all keeps slipping from her grasp - and fun-loving hitmen Sinister and Dexter are caught in the middle!
"Euro Crash addresses the number one issue in international economics and finance - the causes of the global credit bubble and bust. Amid the current investigations to determine blame and remedies, European Monetary Union (EMU) and the European Central Bank (ECB) have hitherto remained outside the target areas for research. This book, a sequel to the well-received Euro on Trial, corrects for that omission, arguing that the launch of a deeply flawed EMU, together with subsequent grave policy errors by the ECB, played key roles in providing fuel for the looming economic and financial disasters. Brendan Brown explores the possible remedies which would improve the functioning of EMU, including a complete re-vamp of the ECB's monetary framework." --Book Jacket.
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The book reveals how the Global Credit Bubble and Bust of 2003-10 stemmed from giant monetary disequilibrium created by the Federal Reserve. Almost continually that institution has pursued flawed monetary practice and principle which has mutated into Bernanke-ism. The book dissects this and shows how it threatens the return of economic prosperity.