Who the welfare state protects shapes a country’s financial openness
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Re: Who the welfare state protects shapes a country’s financial openness
#2> Where redistribution runs vertically and broadly, the welfare state absorbs global finance shocks...
If this was true, then the Eurozone crisis would not have been as severe as it was in Portugal, Spain, Italy, Greece, and France - all countries with broad and large social assistance programs.
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Also, the HN title is editorialized, the correct title is "Who the welfare state protects shapes a country’s financial openness"
Re: Who the welfare state protects shapes a country’s financial openness
#3Where is the supposed austerity?
Re: Who the welfare state protects shapes a country’s financial openness
#4> Where redistribution runs vertically and broadly, the welfare state absorbs global finance shocks... If this was true, then the Eurozone crisis would not have been as severe as it was in Portugal, Spain, Italy, Greece, and France - all countries with broad and large social assistance programs. --- Also, the HN title is editorialized, the correct title is "Who the welfare state protects shapes a country’s financial…
The crisis was largely artificially engineered because Germans believed that Southern Europeans were "lazy" and needed to be made an example of.
The ECB could have brought government bond yields down from the beginning and most of the problems could have been avoided.
Re: Who the welfare state protects shapes a country’s financial openness
#5in the US it protects the corporations so they don't have to pay a living wage
* https://www.washingtonpost.com/business/2026/07/22/amazon-gi...
Re: Who the welfare state protects shapes a country’s financial openness
#6> Where redistribution runs vertically and broadly, the welfare state absorbs global finance shocks... If this was true, then the Eurozone crisis would not have been as severe as it was in Portugal, Spain, Italy, Greece, and France - all countries with broad and large social assistance programs. --- Also, the HN title is editorialized, the correct title is "Who the welfare state protects shapes a country’s financial…
That is the HN title?
Re: Who the welfare state protects shapes a country’s financial openness
#7in the US it protects the corporations so they don't have to pay a living wage * https://www.washingtonpost.com/business/2026/07/22/amazon-gi...
Given that you cannot force someone to hire anyone at a given wage what is the solution?
At best all you can say is that if you decide to hire, it cannot be lower than some minimum, but often this results in no job at all.
Re: Who the welfare state protects shapes a country’s financial openness
#8in the US it protects the corporations so they don't have to pay a living wage * https://www.washingtonpost.com/business/2026/07/22/amazon-gi...
Is that why wages in the US are double those in europe or more
Re: Who the welfare state protects shapes a country’s financial openness
#9> Where redistribution runs vertically and broadly, the welfare state absorbs global finance shocks... If this was true, then the Eurozone crisis would not have been as severe as it was in Portugal, Spain, Italy, Greece, and France - all countries with broad and large social assistance programs. --- Also, the HN title is editorialized, the correct title is "Who the welfare state protects shapes a country’s financial…
The crisis was largely artificially engineered because Germans believed that Southern Europeans were "lazy" and needed to be made an example of. The ECB could have brought government bond yields down from the beginning and most of the problems could have been avoided.
surely buying bonds will save you when you are running 8% yearly deficits to buy votes with welfare payments
Re: Who the welfare state protects shapes a country’s financial openness
#10> Where redistribution runs vertically and broadly, the welfare state absorbs global finance shocks... If this was true, then the Eurozone crisis would not have been as severe as it was in Portugal, Spain, Italy, Greece, and France - all countries with broad and large social assistance programs. --- Also, the HN title is editorialized, the correct title is "Who the welfare state protects shapes a country’s financial…
That is the HN title?
I believe that it was changed after the comment you have replied to was posted.