Tag Archives: MSG

direct investment

Like any single currency area, the eurozone has only one AD. Thats true despite the fact that it contains 19 countries. In contrast, China has 4 ADs, for Mainland China, Hong Kong, Macao and Taiwan. (The Taiwanese constitution says they are part of China, who am I to argue?)

Here is the eurozone unemployment rate:

The disastrous policy tightening of 2011 pushed eurozone unemployment....More>>>