Gaius Publius: One Way to Ease the Worldwide Water Crisis — End Privatization
“We have 15 years to avert a full-blown water crisis.” Why stopping privatization of water will help.
Read more...Category Archives: Doomsday scenarios
Greece Negotiations Already Starting to Look Wobbly
Silly me! I thought that given that the Greek government had prostrated itself and had complied with the creditor demand to pass legislation double-plus quickly or else, that the worst of the hurdles to getting the third bailout passed had been surmounted.
I should know better than that.
Read more...Comparison of Greek and English Version of Kathimerini Scoop on Varoufakis Parallel Currency Plan
Filling in some details on a bombshell report about a call that Varoufakis had with hedge fund managers about a parallel currency.
Read more...Mathew D. Rose: The Crisis In Europe Has Only Just Begun
The larger political and economic costs of the crisis in Greece and Europe are only starting to come to light.
Read more...Don Quijones: The Mother of All Storms Builds Over Catalonia’s Independence
What first appeared as reduced tensions between Madrid and Spain’s north-eastern province was merely the calm before the mother of all storms.
Read more...Mario Draghi: The ECB Has No Mandate To Ensure Checks Clear Or Credit Cards Work
By Nathan Tankus, a writer from New York City. Follow him on Twitter at @NathanTankus Last week Mario Draghi held a press conference following the decision to raise ELA a paltry 900 million dollars for Greek banks. In that press conference he said many things but I’d like to focus on one passage that has gotten […]
Read more...Once Again on the IT Challenges in Converting to the Drachma
Why the left is not doing itself, or the Greek people, any favors by minimizing the difficulties in converting to the drachma.
Read more...Ugly Greek Bank Resolutions and Depositor Bail-Ins Coming Soon
Why the coming bank bail-ins in Greece are going to be far more costly in economic terms than most observers imagine.
Read more...California’s North Coast Wine Industry: How “Sustainable” Is It?
How California’s wine industry contributes to the drought and spends big bucks to tell consumers otherwise.
Read more...Social Security: What Would Happen If the Trust Funds Ran Out?
The answer to a widely-discussed Social Security scenario is not as tidy as has been assumed.
Read more...Why Debt Sustains Corruption in Greece and Vice Versa
This post makes important observations about how the elite levels of Greece engage in rent-seeking, aka corruption, and can continue those strategies even in the face of economic collapse, to the detriment to the rest of Greek society.
Read more...Gaius Publius: California Drought, the “Bigger Water Crisis” & the Consumer Economy
The California drought is exacerbating severe, structural problems with water use in the West.
Read more...Bank IT, Grexit, and Systemic Risk
Why bank IT is more of a mess than you possibly imagined, and why that matters.
Read more...Say It With Me: Lagarde Is NOT Threatening To Scuttle Bailout Deal
The endless march of misreporting on the IMF and Lagarde’s statements continues.
Read more...Please Catch Our Discussion of Greece on Harry Shearer’s Le Show Today
We had a good conversation with Harry Shearer on Greece. Hope you will listen in!
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