{"id":56072,"date":"2016-01-21T00:00:00","date_gmt":"2016-01-20T23:00:00","guid":{"rendered":"https:\/\/llyc.global\/2016\/01\/21\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/"},"modified":"2016-01-21T00:00:00","modified_gmt":"2016-01-20T23:00:00","slug":"europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2","status":"publish","type":"post","link":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/","title":{"rendered":"Europe and the United States facing the Great Depression: bailing out the Welfare State"},"content":{"rendered":"<p>In a few months it will be 9 years since the beginning of the greatest financial crisis that the Western world has ever lived since II World War.<\/p>\n<p>Its origin is found on the <strong>excessive deregulation of the economy<\/strong> in the last two decades of the 20th century.\u00a0This resulted in the emergence of a <strong>large performance space for the financial sector<\/strong> at the expense of both the other sectors of the real economy, and the consumers of financial and real estate assets themselves.<\/p>\n<p>The speculative actions carried out by some relevant financial institutions ended up by <strong>undermining the stability of the real economy<\/strong>, which found itself naked before the fall of great giants of investment banking, just like dominoes.<\/p>\n<p>This article written together with <strong>Diego L\u00f3pez<\/strong> author of \u201cThe Ice Age. Bailing out the Welfare State in the Era of Austerity\u201d,\u00a0analyses the two different perspectives of both the United States and the European Union facing the crisis and, therefore, the results.<\/p>\n<p><strong>Jos\u00e9 Isa\u00edas Rodr\u00edguez, Vice-President of European Affairs at LLORENTE &amp; CUENCA Spain<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a few months it will be 9 years since the beginning of the greatest financial crisis that the Western world has ever lived since II World War. Its origin is found on the excessive deregulation of the economy in the last two decades of the 20th century.\u00a0This resulted in the emergence of a large [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":56073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[86],"class_list":["post-56072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ideas"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Europe and the United States facing the Great Depression: bailing out the Welfare State - LLYC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe and the United States facing the Great Depression: bailing out the Welfare State\" \/>\n<meta property=\"og:description\" content=\"In a few months it will be 9 years since the beginning of the greatest financial crisis that the Western world has ever lived since II World War. Its origin is found on the excessive deregulation of the economy in the last two decades of the 20th century.\u00a0This resulted in the emergence of a large [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/\" \/>\n<meta property=\"og:site_name\" content=\"LLYC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LLYC.Global\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-20T23:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/iStock_000000031107_Small1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"maguilar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@llorenteycuenca\" \/>\n<meta name=\"twitter:site\" content=\"@llorenteycuenca\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"maguilar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Europe and the United States facing the Great Depression: bailing out the Welfare State - LLYC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/","og_locale":"en_US","og_type":"article","og_title":"Europe and the United States facing the Great Depression: bailing out the Welfare State","og_description":"In a few months it will be 9 years since the beginning of the greatest financial crisis that the Western world has ever lived since II World War. Its origin is found on the excessive deregulation of the economy in the last two decades of the 20th century.\u00a0This resulted in the emergence of a large [&hellip;]","og_url":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/","og_site_name":"LLYC","article_publisher":"https:\/\/www.facebook.com\/LLYC.Global\/","article_published_time":"2016-01-20T23:00:00+00:00","og_image":[{"width":960,"height":576,"url":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/iStock_000000031107_Small1.jpg","type":"image\/jpeg"}],"author":"maguilar","twitter_card":"summary_large_image","twitter_creator":"@llorenteycuenca","twitter_site":"@llorenteycuenca","twitter_misc":{"Written by":"maguilar","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/","url":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/","name":"Europe and the United States facing the Great Depression: bailing out the Welfare State - LLYC","isPartOf":{"@id":"https:\/\/llyc.global\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/#primaryimage"},"image":{"@id":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/#primaryimage"},"thumbnailUrl":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/iStock_000000031107_Small1.jpg","datePublished":"2016-01-20T23:00:00+00:00","author":{"@id":"https:\/\/llyc.global\/en\/#\/schema\/person\/8187160eba73b996b064cce622bd4541"},"breadcrumb":{"@id":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/#primaryimage","url":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/iStock_000000031107_Small1.jpg","contentUrl":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/iStock_000000031107_Small1.jpg","width":960,"height":576},{"@type":"BreadcrumbList","@id":"https:\/\/llyc.global\/en\/ideas\/europe-and-the-united-states-facing-the-great-depression-bailing-out-the-welfare-state-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/llyc.global\/en\/"},{"@type":"ListItem","position":2,"name":"Europe and the United States facing the Great Depression: bailing out the Welfare State"}]},{"@type":"WebSite","@id":"https:\/\/llyc.global\/en\/#website","url":"https:\/\/llyc.global\/en\/","name":"LLYC","description":"Consultoria de comunicaci\u00f3n marketing y asuntos p\u00fablicos","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/llyc.global\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/llyc.global\/en\/#\/schema\/person\/8187160eba73b996b064cce622bd4541","name":"maguilar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/llyc.global\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2567cb4cb8cda24204d7f7cde2c10fbd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2567cb4cb8cda24204d7f7cde2c10fbd?s=96&d=mm&r=g","caption":"maguilar"}}]}},"_links":{"self":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/posts\/56072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/comments?post=56072"}],"version-history":[{"count":0,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/posts\/56072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/media\/56073"}],"wp:attachment":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/media?parent=56072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/categories?post=56072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}