{"id":2075,"date":"2011-10-18T09:43:07","date_gmt":"2011-10-18T13:43:07","guid":{"rendered":"http:\/\/www.multiplier-effect.org\/?p=2075"},"modified":"2011-10-18T11:11:38","modified_gmt":"2011-10-18T15:11:38","slug":"polychroniou-on-merkel-sarkozy","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/polychroniou-on-merkel-sarkozy\/","title":{"rendered":"Polychroniou on Merkel-Sarkozy"},"content":{"rendered":"<p>In his latest one-pager (&#8220;<a href=\"http:\/\/www.levyinstitute.org\/pubs\/op_15.pdf\">Dawn of a New Day for Europe?<\/a>&#8220;) C. J. Polychroniou anticipates the outlines of a Merkel-Sarkozy agreement on policies designed to address the eurozone debt crisis, and comes away skeptical.\u00a0 Polychroniou suggests that a massive infusion of emergency funding, somewhere on the order of 2 to 3 trillion euros, would be required, but that the self-imposed necessity of operating within the constraints of the ECB&#8217;s 2 percent inflation ceiling, as well as the political challenge of passing any far-reaching measures through the national parliaments, make a sufficient response unlikely.\u00a0 Read it <a href=\"http:\/\/www.levyinstitute.org\/pubs\/op_15.pdf\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his latest one-pager (&#8220;Dawn of a New Day for Europe?&#8220;) C. J. Polychroniou anticipates the outlines of a Merkel-Sarkozy agreement on policies designed to address the eurozone debt crisis, and comes away skeptical.\u00a0 Polychroniou suggests that a massive infusion of emergency funding, somewhere on the order of 2 to 3 trillion euros, would be [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-2075","post","type-post","status-publish","format-standard","hentry","category-eurozone-crisis"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/2075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/comments?post=2075"}],"version-history":[{"count":4,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/2075\/revisions"}],"predecessor-version":[{"id":2081,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/2075\/revisions\/2081"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=2075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=2075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=2075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}