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Tag: Eurozone Crisis


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A Safe and a Shotgun or Publicly Owned Banks? The Battle of Cyprus

For now, the government of Cyprus has overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout. But if technocrat bankers can push through their confiscation scheme, precedent will be established for doing it elsewhere when bank bailouts become prohibitive for governments.

Posted on Mar 22, 2013 READ MORE



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Money for the People: Comedian Grillo’s Populist Plan for Italy

Default on the public debt, nationalization of the banks, and a citizen dividend could save the Italian economy.

Posted on Mar 7, 2013 READ MORE


‘Left, Right & Center’: Will Europe Decide the 2012 Presidential Race?

Democrats have a lot to worry about if this week’s recall vote in Wisconsin was a bellwether for November’s election. But there’s another problem that might be even more worrisome for Barack Obama: the economic crisis in Europe and its potential spread across the globe. If the upcoming election is all about America’s economic fortunes, what’s a president to do?

Posted on Jun 9, 2012 READ MORE



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Saving the Euro Might Mean a United States of Europe

European leaders are drawing up a solution to the EU’s fiscal crisis that would hand sovereignty over the budgets and fiscal policies of eurozone states to Germany in return for the pooling of national debt and banking liabilities. Brussels, France, Spain and Germany all support a federalized eurozone.

Posted on Jun 5, 2012 READ MORE


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