The issue of Catalan independence is no longer one based on pragmatic realities; as tensions have festered, it has become an almost purely emotionally driven issue, not just in Catalonia but throughout Spain.
Read more...An overview of how the Greek crisis is stressing international institutions as well as (sadly and predictably) Greece itself.
Read more...Nathan Tankus reports on the latest developments in the IMF staff’s growing war against a deal. Can they succeed in sowing dissent?
Read more...The Dutch flower market is a monopolist under assault. A case study of an economic and political struggle.
Read more...Why it will probably take no less than three years to do the IT implementation related to a Grexit.
Read more...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...Is debt really that bad? This column looks at the towering debts, rapid tax hikes, and constant state of war that led to Britain’s Industrial Revolution, showing that the devil is in the detail when assessing sovereign debt. When we consider the dangers of debt in today’s world, we should keep an eye on its potential benefits as well.
Read more...Filling in some details on a bombshell report about a call that Varoufakis had with hedge fund managers about a parallel currency.
Read more...In conference call with hedgies, Yanis Varoufakis claims to have had approval to plan a parallel banking system using the drachma: Plan B.
Read more...The larger political and economic costs of the crisis in Greece and Europe are only starting to come to light.
Read more...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...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...Why the left is not doing itself, or the Greek people, any favors by minimizing the difficulties in converting to the drachma.
Read more...Goldman Sachs wields more power in the Eurozone than you think. And it’s not hard to guess who benefits.
Read more...Even though French and German banks benefitted from the 2010 Greek bailout, Greek banks did even more so.
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