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Greece, Spain, Angie and Heinrich

It's nice to see Harald Freiberger und Markus Zydra in the Süddeutsche Zeitung recall that economic depressions can and have had adverse affects on democracies (Griechenland-Krise im historischen Vergleich. Das Gespenst von Weimar 26.02.2012).The Troika of the IMF, the EU and the ECB (European Central Bank) agreed a week ago on paying the latest tranche of bailout money to Greece, in exchange for more of Angela Merkel's crippling austerity politics, with the absurd aim of reducing Greece's debt-to-GDP ration to 120% by 2020.
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The euro and the EU

US Politics / Liberal : The Blue Voice (3 years ago)

Helmut Schmidt, former German Chancellor, EU in der Krise: Die Währung ist gut Süddeutsche Zeitung 08.05.2011. Schmidt was and is a Social Democrat. But his economic viewpoints are very much influenced by neoliberalism, aka, "the Wa... Read Post

Deutsche Bank CEO Says What Everyone Knows But No One Will Say: Greece Is Toast

Business & Finance : Business Insider: Money Game (4 years ago)

The straight-talk express, Greece edition... From Calculated Risk: "Ob Griechenland über die Zeit wirklich in der Lage ist, diese Leistungskraft aufzubringen, das wage ich zu bezweifeln"Deutsche Bank CEO Josef Ackermann, May 13, 201... Read Post

Joe Stiglitz: We Need Fair Taxes For All

US Politics / Liberal : Crooks and Liars (7 hours ago)

Here's a nice Labor Day topic: economic inequality! Listen to Joe Stiglitz: BILL MOYERS: This week on Moyers & Company, Nobel laureate Joseph Stiglitz. JOSEPH E. STIGLITZ: Our democracy is now probably better described as one dollar... Read Post


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