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The Economics of the Great Hunger rules the Eurozone!
Michael Hudson reports the current European war – as war it is indeed – in his stark missive Breakup of the euro? Is Iceland’s rejection of financial bullying a model for Greece and Ireland? in ‘New...
View ArticleMosler Economic Policy Centre
Warren Mosler does not hide behind the door when it comes to promoting his ideas. He has funded a new site MECPOC to get his message out. His message is always creative and interesting. This post by...
View ArticleCore Europe Sitting Pretty in their PIIGS Drawn Chariot
Cross posted with New Economic Perspectives By Marshall Auerback and Warren Mosler The refusal to countenance a Greek default is now said to be dragging the euro zone toward even greater crisis....
View ArticleYanis Varoufakis on the new Eurobond ideas
The Brussels Eurocracy is embracing eurobonds. But they seem determined to hold the wrong end of the stick 20 Nov by Yanis Faroufakis Only yesterday, La Stampa (Turin’s daily newspaper) reported that...
View ArticleYanis Responds to Mosler Pilkington Exit Plan
Yanis Varufakis responds to Mosler Pilkington euro exit plan for Ireland. Abandoning a sinking ship? A plan for leaving the euro 27 Nov As regulars of this blog know, I am of the view that the...
View ArticleMosler and Pilkington Respond to Yanis Varoufakis
Mosler/Pilkington: Response to Yanis Varoufakis Regarding Our Eurozone Exit Plan Cross posted with Naked Capitalism By Warren Mosler, an investment manager and creator of the mortgage swap and the...
View ArticleAuerback Says Germany will stay in the eurozone but one re-fashioned in its...
Marshall Auerback on Germany’s choices and the likely outcome. So whilst many Germans might think they want a smaller, more cohesive euro zone without the troublesome profligates, the policy elites in...
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A letter from Australia
Hat-tip Philip Pilkington for this link to this excellent article. Bill Mitchell must have some Irish blood to go to this considerable trouble to research our predicament. How’s poor old Ireland, and...
View ArticleAnn Pettifors’ Predictions for 2012
Ann Pettifor is depressing reading in her blog ‘Debtonation’. She was right before and sadly, likely to be so again. …We, and many others, expect the banks of all the major OECD economies to collapse...
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Viral Speech by George Soros Speech –“the authorities have a three months’...
This speech has been causing consternation amongst economists and investors. I suppose it is because Soros is telling the truth of the situation as he sees it stripped of wishful thinking. You will...
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