Previously on MoreLiver’s:
Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
The Closer – alphaville / FT
Tomorrow’s Tape – WSJ
EUROPE
A “Politically Explosive” Secret: Italians Are
Over Twice As Wealthy As Germans – Testosterone
Pit
German Civil Servants Get Pay Increase in
Excess of Inflation
– Marc
to Market
It is not
being widely discussed, but we suspect the wage settlement in Germany over the
weekend is an important development…Some effort to raise what some economists
have called the "hyper-competitive" German unit labor costs, can help
reduce the pressure on the debtor countries to bear the sole burden of the
adjustment.
Rise of the Eurosceptics in Germany; One in Four Would Vote for Anti-Euro Party – Reuters
One in four
Germans would be ready to vote in September's federal election for a party that
wants to quit the euro, according to an opinion poll published on Monday that
highlights German unease over the costs of the euro zone crisis.
Cyprus report 'not enough'
to convince German opposition – euobserver
The German
Social-Democrats say one report on anti-money-laundering measures in Cyprus will not be enough to convince them
to approve a bailout for the troubled island.
Guide to German Political Parties – Spiegel
Germany's political landscape used to be
simple. In recent years, however, the emergence of smaller parties have mixed
things up. With Germans preparing to go to the polls this autumn, SPIEGEL
ONLINE has assembled a brief guide to the political parties worth watching.
Jean-Claude Juncker Interview: 'The Demons
Haven't Been Banished' – Spiegel
Luxembourg
prime minister and former Euro Group chief Jean-Claude Juncker, 58, urges other
EU countries to push ahead with structural reforms, explains why he sees
parallels between 2013 and the year preceeding World War I and throws his
election support behind Angela Merkel's re-election campaign.
The Ultimate Threat In The Euro Bailout and
Austerity Racket: War
– Testosterone
Pit
There have
been waves of threats by Eurozone politicians to bully people into accepting
“whatever it takes” to keep the shaky construct of the monetary union glued
together. These threats peaked last year with disorderly default, and when that
wasn’t enough, with the collapse of the Eurozone. But now, the ultimate threat
has been pronounced: war.
Why The
Political Stalemate Is a Warning to Democracies Everywhere
Beppe Grillo’s success is not a rejection of
austerity, but a protest against the corruption and inefficiency of the Italian
political system – europp
/ LSE
UNITED STATES
Can we agree that... – Free
exchange / The Economist
I'll
attempt to distill some fiscal policy truths that should be reasonably
acceptable to most participants.
OTHER
Presenting The Currency Crises, Devaluations
And Regime Changes Since The Collapse Of The Gold Standard – ZH