Eurosclerosis
Multiple Sclerosis is a disease of the central nervous system, marked by slurred speech and impaired coordination.
Eurosclerosis is an economic disease, marked by economic stagnation and heavy regulation. Basically, it's the economy-wide version of MS. (Sclerosis means "abnormal hardening of body tissue" in medical circles. We don't recommend it as a good name for your next child.)
The term "Eurosclerosis" was invented by a German economist named Herbert Giersch who was trying to describe the economic stagnation that was taking place in Europe during the 1970s. (In the U.S., a similar situation was deemed "stagflation.")
Giersch blamed stringent government regulations and a generous social policy (with heavy welfare commitments) for the problems.
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Finance allah shmoop what is a lie Boer No it's
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Boer stands for london interbank offering rate And it's basically
just the british quote fed unquote central bank rate reflecting
the absolute lowest interest rate at which the british banking
system well loan money to its best Most well heeled
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the guy who plans royal weddings So library is the
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will lend money Most loans come at some premium to
lie before i risk your loans might come in something
like on a live or plus fifty basis points or
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at two point two five percent interest well then the
lie bore plus fifty loan would be loaned out at
two point seven five percent interest And libras important has
been around forever and much of the world uses it
as thie pegging number two then add some risk percentage
on top of it when they quote loans to whoever
they're loaning money to That's basically it No need for 00:01:08.819 --> [endTime] any wild animals teo you know get wild
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