Ilargi: What? Default? Where? Dollar?
Why the dollar is not losing its privileged status any time soon.
Read more...Category Archives: Europe
While EU Leaders Squabble, The Elephant in the Room Remains Unnoticed
Why the EU Covid-19 rescue program is destined to be a sick joke.
Read more...The European Union’s Fateful Choices for Recovery – An Italian Perspective
To fight COVID-19, the European Union must recognize that spending restraints have to go.
Read more...Another Town Is Possible: Community Wealth Building in the Basque Country
Yves here. Readers sometimes ask for success stories to show that there are possible paths out our present economic and social morass. The Basque has long operated a collective ownership model centered around Mondragon. And it has been successful in protecting the community from economic crises. I was in Portugal and Spain, by happenstance doing […]
Read more...Brexit: Running Down the Clock?
Brexit is not going much of anywhere, and it still isn’t clear if this is by accident or design.
Read more...Key CIA-Backed Ally Indicted for Organ Trade Murder Scheme
A sordid example of what happens when the CIA is willing to get in bed with just about anyone to advance what it sees as US interests.
Read more...Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF
A discussion of the state of capitailsm, with a European/Lebanase slant.
Read more...Bayer Agrees to $10.9 Billion Glyphosate Settlement
Bayer agrees to $10.9 billion glyphosate settlement, resolving much pending US litigation. The company still faces European woes.
Read more...Massive Credit Losses to Hit European Banks in Q2 and into 2021, Particularly When Debt Moratoriums Are Lifted
Keeping tabs on the wobbly state of EU banks.
Read more...Italy Once Again on the Eurozone Worry List
A new tsunami of bad debts washes ashore in Italy while banks are still struggling with the debris from the prior deluge of bad debts.
Read more...Food Security: UN Warns People Are Vulnerable to Shortages as the COVID-19 Pandemic Continues
United Nations warns about food security, particularly for the world’s poorest, as the COVID-19 recession overwhelms the globe.
Read more...The European Union Still Hasn’t Considered an Economic Proposal That Can Save It
The European Union has not reached a “Hamiltonian moment.” Its plans are too little, too late, hamstrung by institutional barriers to economic recovery.
Read more...EU Stimulus Fakery as Brexit Stumbles Forward
The news on the EU and UK fronts is less than promising. It looks good only compared to rampaging cops on this side of the pond.
Read more...Heiner Flassbeck: The Euro Arrangement Is Faulty
Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.
Read more...Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era
An incisive take from the no-holds-barred Tom Ferguson.
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