Meanwhile, in Europe….
Horrific..
How did we get in this mess
Something to keep in mind..
US fiscal ‘crisis’
Entirely man made..
Germany’s new empire
The implications of yesterday’s monumental eurotop decisions…
Surprisingly decisive
The terrifying prospects of Italy and Spain dragged into unsustainable sovereign debt situations has concentrated minds and led to a rather surprising package. Enough seems to have been done for […]
Difficult choices facing Germany..
Rescuing the euro looks like a classical political economy dilemma: the benefits are large but largely invisible and accruing over time, the costs are immediate and all too visible..
A Greek devaluation?
Some creative thinking going on here..
Fear of Greek contagion
Overblown?
Greek austerity
Spending cuts of 17% of GDP. The sheer magintude of it all is mind boggling. No wonder their economy is going down the drains..
Here is where the real danger lies
Those bleeding Greek banks..