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Away with the euro

March 1st, 2014 · Comments Off on Away with the euro

The euro area economy is in a terrible mess. In December 2013 euro area GDP was still 3 percent lower than in the first quarter of 2008, in stark contrast with the United States, where GDP was 6 percent higher. GDP was 8 percent below its precrisis level in Ireland, 9 percent below in Italy, […]

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Tags: Eurocrisis

Darkness at Noon in Spain

June 6th, 2012 · Comments Off on Darkness at Noon in Spain

See what happens when every category of spending goes into reverse. It ain’t pretty..

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Tags: Shareholdersunite elsewhere · Sovereign debt crisis

The Revolt Against The Euro

May 17th, 2012 · Comments Off on The Revolt Against The Euro

Spreading, and for pretty good reasons..

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Tags: Shareholdersunite elsewhere · Sovereign debt crisis

Has a euro zone credit crunch been averted?

February 2nd, 2012 · Comments Off on Has a euro zone credit crunch been averted?

Well..

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Tags: Shareholdersunite elsewhere · Sovereign debt crisis

Let Greece Default

January 17th, 2012 · Comments Off on Let Greece Default

Put it out of its misery..

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Tags: Shareholdersunite elsewhere · Sovereign debt crisis

Deeply flawed euro zone crisis solution

December 10th, 2011 · Comments Off on Deeply flawed euro zone crisis solution

When the ‘cure’ is worse than the disease..

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Tags: Sovereign debt crisis