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...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.