As national economic indicators continue to confirm an even more painful future with record-high unemployment and unabated economic stagnation, one can only ask how much longer such stability will last.
In a sense, the Latin troika secured an agreement that may be confirmed in the total breach rather than the implementation.
It is time to stop thinking in terms of impossible rescues and “compacts,” and demand that our European leaders adopt a more responsible conduct at their upcoming summit rather than sitting down to their customary European “beggars at the feast” spectacle.
Europa debe reaccionar sin demora.
I would like to call upon northern European governments to cease and desist from more ‘solidarity’ offerings to our fiscally-stricken, fast impoverishing nations.
Just like Rome wasn’t built in a day, the Eurozone won’t be destroyed in a day, but it is on a path that leads to eventual dismantling.
Interview with CNN’s Christian Amanpour on the the theme of Europe’s slow suicide by inane austerity.
Talk at the panel entitled «The Future of Europe» at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin.
2,181 Italians pack a Sports Arena to learn Modern Monetary Theory
The Greek crisis is being used to find out how far finance can drive down wages and privatize the public sector.
What should one make of this report?
We argue that indebted governments have ceded power to banking systems without conscience or public accountability.