{"id":3495,"date":"2012-02-01T15:02:53","date_gmt":"2012-02-01T20:02:53","guid":{"rendered":"http:\/\/www.multiplier-effect.org\/?p=3495"},"modified":"2012-02-01T15:05:34","modified_gmt":"2012-02-01T20:05:34","slug":"auerback-on-the-latest-eurodrama","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/auerback-on-the-latest-eurodrama\/","title":{"rendered":"Auerback on the Latest Eurodrama"},"content":{"rendered":"<p>Marshall Auerback appeared on the Business News Network to give his take on the latest developments in the eurozone crisis; specifically with respect to the ongoing negotiations over the proposed (now 70 percent) haircut on Greek debt.\u00a0 Auerback also addressed the LTRO (noting the rather dramatic increase in the ECB&#8217;s balance sheet) and the credit default swaps on Greek debt (on this, see also Micah Hauptman&#8217;s take on the\u00a0process for determining when these CDS payments are triggered:\u00a0 &#8220;<a href=\"http:\/\/www.multiplier-effect.org\/?p=2897\">murky, unregulated, and replete with conflicts of interest<\/a>&#8220;).<\/p>\n<p>You can watch a clip of Auerback&#8217;s interview <a href=\"http:\/\/watch.bnn.ca\/business-day\/january-2012\/business-day-january-30-2012\/#clip609858\">here<\/a>.<\/p>\n<p>(credit to Mitch Green at <a href=\"http:\/\/www.neweconomicperspectives.org\/\">NEP<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marshall Auerback appeared on the Business News Network to give his take on the latest developments in the eurozone crisis; specifically with respect to the ongoing negotiations over the proposed (now 70 percent) haircut on Greek debt.\u00a0 Auerback also addressed the LTRO (noting the rather dramatic increase in the ECB&#8217;s balance sheet) and the credit [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,40],"tags":[127,191,121,45,31,19,192],"class_list":["post-3495","post","type-post","status-publish","format-standard","hentry","category-eurozone-crisis","category-monetary-policy","tag-credit-default-swap","tag-debt-haircut","tag-ecb","tag-european-debt-exposure","tag-eurozone","tag-greece","tag-ltro"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3495","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=3495"}],"version-history":[{"count":13,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3495\/revisions"}],"predecessor-version":[{"id":3508,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3495\/revisions\/3508"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=3495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=3495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=3495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}