Why the EU Is Doomed
We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail
We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail
Can the EU still unite a continent shattered by world wars, or is it little more than a vehicle for austerity capitalism?
Between now and next April, four members of the European Union (EU) will hold national elections.
Historically, low oil prices have been perceived by many as an overriding positive for the economy.
Memory is selective and therein lays an explanation for some of the deep animosity between Berlin and Athens in the current debt crisis that has shaken the European Union (EU) to its foundations.
Bitcoin, a peer-to-peer digital currency, operates without the involvement of traditional financial institutions and provides a direct digital alternative to physical currencies and commodities.
Myths are dangerous because they rely more on cultural memory and prejudice than facts. And behind the current crisis between Greece and the European Union
If Karl Marx were to miraculously reappear today, what would he make of the world today?
The costs and risks of maintaining the eurozone system are already immense and rising. So is an exit possible? Intuitively, the exit from the euro should be as easy as the entrance.
It is a truism to say that democracy began with the Greeks – less so to say that it originated in popular rebellion against debt and debt-bondage.
The problems of the eurozone are ultimately malinvestments. In Greece these days the struggle continues about who will ultimately foot the bill for these investments.
With a 50 percent haircut recently given on the Greek sovereign-debt question, investors are increasingly asking what the real risk of sovereign debt is.