Seeking Alpha

"Every month, ingenious ideas to counteract the crisis surge out of nowhere before they...

"Every month, ingenious ideas to counteract the crisis surge out of nowhere before they disappear a month later," says the ECB's Jens Weidmann in an interview with Le Monde, speaking of eurobonds. "Being in favor of growth is lke being favor of world peace ... The real debate is which path leads to sustainable growth." This should go over well in France and with their new President.
Comments (1)
  • DeepValueLover
    , contributor
    Comments (8153) | Send Message
     
    The answer is simple:

     

    Cut government expenditures by 20%.

     

    Raise taxes on the top 1% of earners by 20%.

     

    Cut hiring and firing regulations and taxes on businesses.

     

    Eliminate the paperwork needed to run European businesses.

     

    Use the billions in extra revenue to pay down high yield debt.

     

    Once the debt is back under control (yielding below 4%) start cutting taxes on the wealthiest and instituting pro-labor policies that will generate fast growth in the eurozone.

     

    Easy as pie.
    28 May 2012, 09:36 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|