Cheshire Cat Archives - Keep Talking Greece

Guest post: Why IMF’s Greek program cannot work: wrong fiscal multipliers and wrong forecasts

February 10, 2015 Economy 34

Why is the Greek austerity program wrong and the bailout conditions totally wrong? Because the IMF “Multiplier” was wrong! Remember the International Monetary Fund report from June 2013 admitting that the IMF failed to realize the damage caused by the austerity and that IMF applied wrong fiscal multipliers? “Hence the …

Guest Post: The Swiss Franc sends message to Merkel and Tsipras

January 16, 2015 Economy Comments Off on Guest Post: The Swiss Franc sends message to Merkel and Tsipras

Swiss chocolates bought in Swiss Francs? Oh, no! Or “much better,” after all? How does the lifting of euro cap by Swiss National Bank affect the Greek debt? I asked this question to economist “Cheshire Cat” and here is his analysis! Doors open wider for Merkel and Tripras to do …

Guest Post: Greece will Default But at What Conditions & Consequences?

September 25, 2011 Economy 1

Greece’s Finance Minister Evangelos Venizelos’s meetings in Washington last night were ‘celebrated’ here with missals (“Not Debt Restructure” Greek press) and flourish promises. Greek Fin Min told Greek media that the Troika will come back to Athens, the 6th bailout tranche will be released and Greece will meet all its …

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