Willem Buiter: “We will certainly have a panic stage before the debt crisis is resolved” (part 2)

continuing from part 1 of the Willem Buiter interview with het Financieele Dagblad, here's the translation. It's a very good interview. I will have reactions at a later date.

Population pyramid on its head

"There needs to be a political rethink, not only in Spain but also in the periphery and throughout Europe. But there's a big problem because our population pyramid is upside down.This means that the elderly outvote the young. It is not enough to reduce spending and increase taxe...


As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.

Click here to join. Your readership is greatly appreciated!

Registered users can log in by entering details here or below.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More