AUTHOR'S BIO
Peter Boone
Peter Boone, Chairman of Effective Intervention at the London School of Economics' Center for Economic Performance, is a principal in Salute Capital Management Ltd.
| RECENT COMMENTARIES | FEATURED COMMENTARIES | MOST READ COMMENTARIES |
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Europe’s Monetary Cordon Sanitaire
Simon Johnson and Peter Boone Series: The Hopeful Science 2010-11-14German Finance Minister Wolfgang Schäuble likes to criticize other governments, including that of the United States, for what he regards as their “irresponsible” policies. Ironically, it is the German government’s loose talk that has brought Europe to the brink of another debt crisis.... read Comments: 8 Recommended: 0 Read: 36783 -
Brady Bonds For the Eurozone
Simon Johnson and Peter Boone Series: The Hopeful Science
2010-09-15
Today’s conventional view of the eurozone is that the crisis is over – the intense, often existential concern earlier this year about the common currency’s future has been assuaged, and everything now is back under control. But this is completely at odds with the facts – and the IMF seems poised to make Europe's insolvency problems worse.... read Comments: 4 Recommended: 0 Read: 40079 -
The Euro Zone’s Default Position
Simon Johnson and Peter Boone Series: The Hopeful Science
2010-03-16Like the over-leveraged euro-zone countries today, Kazakhstan binged on easy loans from global investment banks in recent years, before its banks defaulted on their loans in 2009. If European leaders are smart, they will recognize that a Greek default is similarly inevitable - and that it may be just what the European (and global) financial system needs.... read Comments: 4 Recommended: 0 Read: 38251

