Comments on: Edward Hugh (2): Zapatero, exports & immigrants http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/ Obama has authorised the CIA to help the LIbyan rebels and Moussa Kassa, Libya's Lockerbie mastermind, has defected to London… Wed, 08 Feb 2012 02:54:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: balticman http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/#comment-4401 balticman Mon, 01 Feb 2010 11:06:50 +0000 http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/#comment-4401 <p>Thanks for the excellent interview.</p> <p>I also wonder whether an "internal devaluation" is really possible,given that no party will be willing to face the consequences of the radical measures needed.And without a guarantee of an increase in world demand I would say that such a program would be impossible.</p> <p>Indeed I sensed that Edward was also a little doubtful about this. Are the consequences of a Euro exit, although tough in the short term, any worse than the alternatives? Wouldn't being able to devalue the "new peseta" help restore the competitiveness of the Spanish economy?</p> Thanks for the excellent interview.

I also wonder whether an “internal devaluation” is really possible,given that no party will be willing to face the consequences of the radical measures needed.And without a guarantee of an increase in world demand I would say that such a program would be impossible.

Indeed I sensed that Edward was also a little doubtful about this. Are the consequences of a Euro exit, although tough in the short term, any worse than the alternatives? Wouldn’t being able to devalue the “new peseta” help restore the competitiveness of the Spanish economy?

]]> By: dilip chauhan http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/#comment-4398 dilip chauhan Sat, 30 Jan 2010 12:30:04 +0000 http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/#comment-4398 <p>as per new reform about illegal immigration law, is this govt. is going to legal this mass no. of  illegal immigrants like they did in 2005 ?  and when? coz i am also staying in this country from last 2 years so i wud like to ,thanx a lot indeed,</p> as per new reform about illegal immigration law, is this govt. is going to legal this mass no. of  illegal immigrants like they did in 2005 ?  and when? coz i am also staying in this country from last 2 years so i wud like to ,thanx a lot indeed,

]]> By: Michael Tyler http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/#comment-4395 Michael Tyler Fri, 29 Jan 2010 20:48:46 +0000 http://www.matthewbennett.es/2244/interview-with-edward-hugh-spain-zapatero-europe-exports-immigration-and-internal-devaluation/#comment-4395 <p>Very well-done. </p> <p>I agree that the only solution to the euro dilemma appears to be an "internal devaluation."  I do wonder, however, if we really are prepared for the resulting political instability.  It is indeed ironic to think that traditional devaluation is so much simpler!</p> Very well-done. 

I agree that the only solution to the euro dilemma appears to be an “internal devaluation.”  I do wonder, however, if we really are prepared for the resulting political instability.  It is indeed ironic to think that traditional devaluation is so much simpler!

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