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The 'Brady Bond' Solution for Greek Debt
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A Brady Plan type solution for the debt crises in Greece, Ireland, Portugal and other EU countries.
05/18/2010
Grouped Articles
EU Dismisses IMF's Criticism On Greek Bailout
Wall Street Journal 06/07/2013
Personalities Clashing Over How to Handle New Greek Bailout
New York Times 07/23/2015
Nervous Europe Trying to Halt Economic Crisis
New York Times 11/30/2010
Europe's Central Banker Seeks Deeper Fiscal Union
Wall Street Journal 06/03/2011
'Contagion' and Other Euro Myths
Wall Street Journal 12/02/2010
Greek Myths and the Euro Tragedy
Wall Street Journal 05/18/2010
Solutions to the Greece crisis.
05/27/2010
Would the solution adopted by Turkey in 2001 work? Devaluation of the currency is not an option for Greece. Turkey devalued the lira 54% in 2001.
Grouped Articles
Greece Can Learn IMF Austerity from Turkey
BusinessWeek 05/27/2010
Wall Street Journal 10/22/2010
European Debt Deal Has Flaws - News Analysis
New York Times 03/14/2011
For Greece, the Path to Restructuring Holds Pitfalls
Wall Street Journal 04/18/2011
Don't Bet on an Imminent Euro-Zone Debt Default
Wall Street Journal 04/18/2011
Expectations Grow for Greek Debt Restructuring
New York Times 04/18/2011
John Cochrane and other experts give a no-nonsense view of the bailouts and the financial crises facing Europe
12/02/2010
Insights that the real problem is short term debt financing. The need for the EU to insist on long tem debt financing for governments in Europe. The solution for this crisis is not in bailouts of Greece, Spain, Italy and so on, but to swap the short term debt for debt with longer term maturities, and for bondholders to take a haircut. Similiar to the Brady Plan for Latin America in the late 1980's. The bailout of Ireland in reality not a bailout of Ireland, as a bailout of German and British banks that made risky loans to Irish banks and the Irish government. The U.S. government's debt also tilted to short term debt and problems similar to European problems.
Grouped Articles
EU Dismisses IMF's Criticism On Greek Bailout
Wall Street Journal 06/07/2013
'Contagion' and Other Euro Myths
Wall Street Journal 12/02/2010
As Ireland Flails, Europe Lurches Across the Rubicon
Wall Street Journal 12/27/2010
Running the euro zone: Pact of uncompetitiveness
Economist 02/12/2011
Wall Street Journal 03/11/2011
Europe Needs to Apportion Pain
Wall Street Journal 03/17/2011
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