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America has embarked on one of the boldest ventures in the history of monetary economics.
Vincent and Carmen Reinhart present evidence that the view that modest alterations to monetary policy have vast consequences is inconsistent with theory and not supported by evidence.
Should Greece default on its debt? Panelists will discuss that course of action in light of Argentina's unfortunate experience with defaulting in 2001.
The decade of relative prosperity prior to the fall was importantly fueled by an expansion in credit and rising leverage that spans about 10 years; it is followed by a lengthy period of retrenchment that most often only begins after the crisis and lasts almost as long as the credit surge.
The reality of Ben Bernanke's press conference did not live up to the hype. The discussion was dry and undramatic and could only have been torpor-inducing to anyone outside the economics profession. In the pursuit of a notion of openness, the Fed will have lost its mystique.
Why is the U.S. economy in disarray and what can be done to fix it?
At this event, experts discussed whether the euro will survive in the aftermath of the worst postwar global economic recession.
The hard job of addressing the unresolved problems in the mortgage market remains unaddressed and financial authorities have to end the charade that the problematic loans made as the real-estate bubble inflated will be repaid.



