The Shit Kebab and the Democratic Deficit
Uh oh. I see that Eurozone leaders don't like George Papandreou's idea for a shit kebab referendum.The leaders of Germany and France told Greece on Wednesday it would not receive…
Eurozone
Democratic Greeks fight the German and French Bullies
Gavin Hewitt, the Europe Editor of the BBC News, has written an incisive article today about what is at stake with the Greek Prime Minister's call for a referendum on…
Godfather Merkel’s Offer the Banks could not refuse
Anyone wanting to know how to deal with the banks should not look to President Obama but to Chancellor Angela Merkel of Germany. Deep Throat in BrusselsDeep Throat has it…
Harper Tory hypocrisy in full view re EU crisis
Harper's new Tories finance minister todaywent on record to spur on steps to combat the sovereign debt crisis. Consider his words:Finance Minister Jim Flaherty on Sunday repeated his calls for…
Dreaming of Recession
Well, here’s something rather unusual… Appearing earlier today on BBC, Alessio Rastani, an independent stock trader, confessed to a stunned interviewer that, like most of his colleagues on Wall Street…
Save the Eurozone and the EU with EuroHope Bonds
The grand experiment of the European Union and of the 17-member Eurozone is far too significant for Europeans to let it fail.The problem: Right now, the EU is buffeted with…
Harper-nomics Is Recipe For Global Depression & Trade Wars
I feel like I'm repeating myself, having just written that the global crisis is not a crisis of debt but, rather, that the debt is a symptom of the long…
The Chancellor versus Breugel: The Cat thinks Merkel is right about the Eurobond
The European Union is a loose confederation of widely divergent nation states, with the weaker ones suffering from the consequences of a worldwide recession, living beyond their needs, and financial…
Once Again, Austerity For Thee But Not For Me
Here’s another example of financial obscenity. This time, in Europe. Yes, it seems to much for the Eurozone to lead by example. While Greece erupts in riots over spending cuts…