Jeff Harding

Greece Is Europe: The Failure Of The Euro (Part I)

Greece Is Europe: The Failure Of The Euro (Part I)

How the EMU works, why it is failing, and why they will resort to fiat money printing to solve it.

 Michael Hudson

Rolling Back the Progressive Era

Rolling Back the Progressive Era

Financial strategists do not intend to let today’s debt crisis go to waste. The basic model follows the former Soviet Union’s post-1991 neoliberal reforms: privatization of public enterprises, a high flat tax on labor but only nominal taxes on real estate and finance, and deregulation of the economy’s prices, working conditions and credit terms.

 Luis Martín

Grecia: cuna y tumba de la democracia

Grecia: cuna y tumba de la democracia

Lo que realmente se votará en el congreso griego el próximo 28 de junio es la capitulación definitiva de la democracia.

 Michael Hudson

EU: Politics Financialized, Economies Privatized

EU: Politics Financialized, Economies Privatized

«Saving the euro» is a euphemism for governments saving the financial class – and with it a debt dynamic that is nearing its end regardless of what they do.

 Federico Mayor Zaragoza

«Cuando las barbas de tu vecino…»

«Cuando las barbas de tu vecino…»

De los PIGS ya sólo queda España indemne. Pero, si no espabilamos pronto, también aquí ganarán los del «mercado».

 Michael Hudson

Unión Europea: política financiada, economía privatizada

Unión Europea: política financiada, economía privatizada

«Salvar el euro» es un eufemismo para que los gobiernos salven a la clase financiera.

 Michael Hudson

How financial oligarchy replaces democracy

How financial oligarchy replaces democracy

The Greeks gathering in Syntagma Square seem to need no culture shock to reject their Socialist government’s cave-in to European bankers. It looks like they may follow Iceland in leading the ideological pendulum back toward a classical awareness that in practice, this rhetoric turns out to be a junk economics favorable to banks and global creditors.

 Luis Martín

Goodbye euro, goodbye?

Goodbye euro, goodbye?

Al igual que en 2007 se divisaban las negras nubes de la tormenta, hoy podemos presentir que se acerca otro frente de dimensiones igualmente colosales: la caída del euro.

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