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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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Sunday's elections in France and Greece: big losses for the Princess Angie von Merkel

US Politics / Liberal : The Blue Voice (2 years ago)

Socialist Party candidate François Hollande won the Presidency in France.According to the reports at this writing, the conservative New Democracy (ND) Party came in first in Greek parliamentary elections, a left coalition called Syr... Read Post

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


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