International Affairs

Articles on International Affairs.

Greek Write-downs – Let’s Do ONE Thing Correctly

Greek Write-downs – Let’s Do ONE Thing Correctly

A real default is the only good and fair way to ensure the write-downs occur and the system can move beyond Greece.…

Hi, its Tim, I’m stuck in Paris, and need you to send $500

Hi, its Tim, I’m stuck in Paris, and need you to send $500

The IMF, EFSF, EU, G-20 are all busy figuring out how to take more taxpayer money to "solve" the problem.…

EMU’s Stress Test

EMU’s Stress Test

Perhaps the prospect of currency competition would result in more cautious monetary policy by the ECB.…

“A ‘United States of Europe’ will mean the end of democracy” -Nigel Farage

“A ‘United States of Europe’ will mean the end of democracy” -Nigel Farage

Exclusive interview with Nigel Farage, UK Independence Party (UKIP) Leader and Member of the European Parliament.…

The Spanish Subprime Prisoner

The Spanish Subprime Prisoner

Spain’s subprime prisoners have been sentenced for life to pay banks for homes that they will never inhabit.…

Understanding the Euro Crisis

Understanding the Euro Crisis

Greek economist Yanis Varoufakis on the roots of the crisis in the Eurozone, and his own proposals for solving it.…

The Eurozone Debacle: They Ate The Golden Goose

The Eurozone Debacle: They Ate The Golden Goose

It is apparent that some of the PIIGS will default, maybe all of them.…

The Euro 1999 – 2012 R.I.P.

The Euro 1999 – 2012 R.I.P.

A bailout of Italy would cost the EU another €500 or €600 billion. Spain would be another €300 billion. Why would Germany and France want to do that?…

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

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

There are two ways out of this mess: default or monetary inflation.…

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.…

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.…

“States try to use all aspects of the Internet to project and protect against ‘soft power'” – Joseph Nye

“States try to use all aspects of the Internet to project and protect against ‘soft power'” – Joseph Nye

Joseph Nye, one of the most influential scholars in American foreign policy, speaks to Truman Factor about his latest book, "The Future of Power".…

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