This is Europe’s “Powerful” Plan?
Europe’s leaders have convened another summit meeting that will, they promise, put all the break-up speculation to bed once and for all. But the ideas
Europe’s leaders have convened another summit meeting that will, they promise, put all the break-up speculation to bed once and for all. But the ideas
The people buying bonds issued by Italy and Spain are clearly looking past the dysfunctional balance sheets and focusing on Germany’s reluctance to let a
The Eurozone’s descent into chaos is starting to get repetitive — though with each iteration the numbers do get scarier. Back in 2010, for instance,
This week all eyes are on Greece and Italy, which is reasonable since they’re likely to be pretty entertaining. But as incredible as it sounds,
Yesterday’s Wall Street Journal devoted an entire page to the differences between today’s economy and a typical recovery: Slow Recovery Feels Like Recession Americans are
As Europe grinds out yet another doomed banking system rescue plan, it might be helpful to examine the underlying assumption, which is that we need
The English-language media seems to be of one mind on Europe in general and Greece in particular: the system is toast, and a series of
The idea that there were pain-free solutions to the mountain of debt the world has taken on was always a delusion. But it was one
For a couple of years now it’s been clear that the world was about to fall apart, with the only question being which local failure
Back in February 2010, a clearly very sharp and articulate reader responded to a DollarCollapse.com article on Spain’s coming sovereign debt problems with the following:
On its long journey to the land of bankruptcy, the Western world recently arrived at the last and most important crossroad. One branch led to
GlobalEurope Anticipation Bulletin (GEAB), a European newsletter that “brings you its unique analyses on the upcoming stages of the collapse of the world order created
In response to Why Would Anyone Buy a Spanish Bond?, reader RAID 3000 pointed out that the U.S. has far more serious problems than Europe
With Greece hogging the headlines, it’s important to understand that what it represents is more important than what it is. With maybe 2% of Europe’s
Standard & Poor’s is threatening to cut Japan’s credit rating, which doesn’t sound like that big a deal in a world where no one’s credit
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