tag:blogger.com,1999:blog-6297413898275266606.post6903401055295308384..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Europe In Crisishishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6297413898275266606.post-22275498733990265612011-11-22T08:59:17.342+08:002011-11-22T08:59:17.342+08:00Right now, not much. The policies being pursued by...Right now, not much. The policies being pursued by the Eurozone countries - fiscal austerity and tight money leading to lower aggregate demand - is having more of an impact than contagion from the debt crisis. Europe's trade with Malaysia is about 10% of Malaysia's total trade, and we're already seeing some falloff in demand, but this is so far being offset by recovery in Japan and hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-19893502029285010212011-11-22T03:04:02.093+08:002011-11-22T03:04:02.093+08:00Im currently persuing degree in economy.. so my kn...Im currently persuing degree in economy.. so my knowledge is quite narrow.. sir, can you please tell us how significant the effect of euro crisis to Malaysia?Shahirnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-68998234698912919502011-11-16T10:47:43.587+08:002011-11-16T10:47:43.587+08:00Yeah, I agree it's a pipedream, even if it'...Yeah, I agree it's a pipedream, even if it's the most elegant solution.<br /><br /><i>Devaluing the Euro will only create artificial competitiveness but the fact is that none of the other European countries are as hardworking as the Germans. </i><br /><br />But that's the whole point - if the Germans are perennially more hard working, putting anybody with them in a currency union willhishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-64689426609265854202011-11-16T09:18:18.864+08:002011-11-16T09:18:18.864+08:00Germany leaving the Eurozone sounds like an attrac...Germany leaving the Eurozone sounds like an attractive idea, but I don't think it is politically palatable at all. It would be like the boat captain jumping off a sinking ship. It will not cure any of the Eurozone's problems. <br /><br />In the short run, yes, it will slow down the downward spiral, but the structural issues remain. Devaluing the Euro will only create artificial The Main Streeterhttp://mainstreeter.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-85175083868272874742011-11-11T08:51:50.847+08:002011-11-11T08:51:50.847+08:00Yes, it's a bit contrarian isn't it?
&quo...Yes, it's a bit contrarian isn't it?<br /><br /><i>"If the exit of Germany will only return Europe to the pre-1999 case, I'd say might as well just keep the monetary union."</i><br /><br />That's highly unlikely...assuming a German exit, we'd probably see the Euro drop considerably (maybe up to 50%) compared to a revived DM. The difference in competitiveness is that hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-70676982637303885652011-11-10T18:36:46.117+08:002011-11-10T18:36:46.117+08:00That just turned my world upside down. It makes se...That just turned my world upside down. It makes sense but I hadn't thought of that before.<br /><br />Still, the trade effect from the divorce of Germany will be dangerously large given that more than 30% if its exports and more than 30% of its imports go to or come from the Eurozone. Whatever trade gains due to monetary union will become undone.<br /><br />The divorce will make sense for Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-38228479083659541792011-11-10T18:34:21.604+08:002011-11-10T18:34:21.604+08:00That just turned my world upside down. It makes se...That just turned my world upside down. It makes sense but I hadn't thought of that before.<br /><br />Still, the trade effect from the divorce of Germany will be dangerously large given that more than 30% if its exports and more than 30% of its imports go to or come from the Eurozone. Whatever trade gains due to monetary union will become undone.<br /><br />The divorce will make sense for Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-27540894204315364152011-11-10T16:59:13.104+08:002011-11-10T16:59:13.104+08:00I hesitate between "Bull's eye" or &...I hesitate between "Bull's eye" or "Spot on" !charlesnoreply@blogger.com