Tuesday, November 19, 2013

Comment on anonymous summary


Summary: "Europe already has one foot in 'Japanese' deflation grave"

The article “Europe already is one foot in Japanese’ deflation grave” by ‛
Ambrose-Evans-Pritchard, that was published on October 23, 2013 is about the European
Debt crisis.
At the moment the percentage of debts in the European Union is increasing. With the
exceeding debt rates, deflation is also rising. Over the past few months prices within the
EU have been falling, increasing the risk of deflation. France, Spain, Greece, Portugal
Cyprus, Slovenia, Latvia and in particular Italy for example have especially faced this
problem.
One of the reasons for the problem the EU is currently facing has its origin in politics.
Evans-Pritchard argues that because of poor policy, like imposing high taxes on the wrong
countries and giving too much money to countries, as Germany, the specter of deflation
rises.
The author states that one possible solution for this problem would be, if European
countries like Spain, France and Italy started to work together, putting through a reflation
policy that would stop the inflation fall.

My feedback:
First of all I have to say that it really impressed me that the author managed to compose a summary of 165 words mentioning the main ideas of the original text. In my opinion the summary is well written and clearly describes the complicated topic.
However, although it was impressing that the author did not need more words he did not fulfill the task because we were asked to write a summary of 200 +/- 5 words.
I like the topic sentence but unfortunately the author got the title wrong: "Europe already HAS one foot in 'Japanese' deflation grave"
One thing that I personally don't really like is that the author mentions a lot of countries in the first paragraph. I think one or two would have been enough as examples.
Apart from that I really liked the summary because it manages to give an insight in the difficult topic of the original text and expresses it in a way that is easier to understand.




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