Globalisation

How to approach intellectual goods, information and knowledge in the 21st century?

The financial crisis has lasted for five years and there is no end in sight. The excessive public and private debt and the overleveraged banks are a heavy burden on the real economy. They also worsen the unemployment problem by preventing stimulus and fuelling deflation. The debt problem must therefore be treated as a priority.

In the short term, the crisis requires all our attention. But the political actors should not forget the structural defects of the monetary union.