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These diaries are the most Recommended for all time for this tag:
The last thing the world needs at a time like this is democracy. That is what got us into this mess in the first place. People wanting stuff, and voting for people who said they’d ...
by swellsman
Comment Count 224 comments on Sat Nov 26, 2011 at 12:55 PM PST with 360 Recommends
The European commission could be empowered to impose austerity measures on eurozone countries being bailed out, usurping the functions of government in countries such as Greece, Ireland, ...
by blue aardvark
Comment Count 214 comments on Tue Dec 06, 2011 at 08:18 AM PST with 166 Recommends
In a vote that already has the makings of being enshrined in history, the parliament of Cyprus voted on Tuesday evening to reject the EU-sponsored "bailout" of the country's economy. This "bailout" ...
by neo11
Comment Count 143 comments on Tue Mar 19, 2013 at 12:14 PM PDT with 153 Recommends
2011 protest, Syntagma Square, Athens (Wikimedia Commons) When right wing politicians talk about deficits you can be certain that they're waging class warfare . ...
by Laurence Lewis
Comment Count 226 comments on Sun Apr 15, 2012 at 05:00 PM PDT with 134 Recommends
Graph by Mike Norman Economics President Obama and his conservative European counterparts sought very different solutions to the global economic crisis, and ...
by Laurence Lewis
Comment Count 142 comments on Sun Nov 04, 2012 at 03:15 PM PST with 87 Recommends
Today in his annual state of the Union speech to the European Parliament, President of the European Commission, Jose Manuel Barroso has made a few proposals, one on tighter integration of the EU, ...
by NY brit expat
Comment Count 101 comments on Wed Sep 28, 2011 at 10:09 AM PDT with 82 Recommends
Standard economic theory claims that millions of rational individuals simultaneously acting on their self interest produces results that are in society's collective best interests. The utter ...
by steve1960
Comment Count 31 comments on Sun Dec 14, 2014 at 01:24 PM PST with 68 Recommends
Official portrait of Barack Obama This New York Times lede is what some of us have been dreaming to see: President Obama will lay out a budget blueprint on ...
by Laurence Lewis
Comment Count 147 comments on Sat Feb 11, 2012 at 07:50 AM PST with 66 Recommends
European leaders met in Brussels and pulled an all-nighter, like sophomores cramming before a final. Their exam was a real-world project: restore investor confidence in the Eurozone. A lot of ...
by Eric Zencey
Comment Count 71 comments on Fri Dec 09, 2011 at 06:23 AM PST with 63 Recommends
If you have been watching the economic news in the past few days you have probably seen that the International Monetary Fund (IMF) and World Bank have been saying that we are moving towards another ...
by NY brit expat
Comment Count 89 comments on Thu Sep 22, 2011 at 04:53 PM PDT with 37 Recommends
According to Yves Smith over at Naked Capitalism , Spain is in trouble , citing austerity-related political unrest in the capital, Madrid, and accelerating withdrawals from Spanish banks. But it's ...
by TheOrchid
Comment Count 43 comments on Thu Sep 27, 2012 at 10:11 PM PDT with 35 Recommends
As some of you may know, tomorrow the Republic of Ireland will vote on an amendment to the Irish Constitution that will enable the Irish government to ratify the latest EU agreement, called the "...
by misneach
Comment Count 15 comments on Wed May 30, 2012 at 11:38 AM PDT with 35 Recommends
We live in interesting times … Those on the left following the situation in Greece were treated to an interesting spectacle in the last election in Greece on May 6th 2012. As expected, those ...
by NY brit expat
Comment Count 65 comments on Sun May 20, 2012 at 03:00 PM PDT with 34 Recommends
A number of things have been happening over the past few years which are beginning to have an impact on the relationship between Ireland and the UK, and may go on to have profound implications for ...
by Frank Schnittger
Comment Count 42 comments on Fri Jul 13, 2012 at 04:48 AM PDT with 30 Recommends
This winter in the UK, the impact of austerity is biting and the evidence of its failure is banging Brits over the head. The promised economic growth is not happening, and blaming the eurocrisis for ...
by NY brit expat
Comment Count 61 comments on Sun Dec 11, 2011 at 03:00 PM PST with 28 Recommends
It's an open secret. Everybody seems to know by now: A massive fraud--sophisticated Ponzi scheme--caused the 2008 financial system panic and subsequent Great Recession, and the failure by ...
by Ray Pensador
Comment Count 37 comments on Sun Oct 23, 2011 at 02:35 PM PDT with 25 Recommends
As I've written several times before, we are now witnessing the media frenzy as they provide endless "analysis" about the Eurozone, and the debt crisis, and negotiations among European countries to ...
by Ray Pensador
Comment Count 61 comments on Mon Dec 12, 2011 at 02:23 PM PST with 24 Recommends
The other day I listened to a program on NPR where Terry Gross was interviewing someone who has written extensively about the Greek economy. From what he reported, the main points hat stuck with me ...
by Ray Pensador
Comment Count 37 comments on Sat Nov 12, 2011 at 12:38 PM PST with 23 Recommends
As I said a couple of days ago I really was not that ...
by LaFeminista
Comment Count 40 comments on Thu Sep 29, 2011 at 10:23 AM PDT with 22 Recommends
For 39 years now, Greeks have been commemorating the massacre of university students at the Athens Polytechnic University on Nov. 17th, 1973. This year, the commemoration is especially poignant ...
by upstate NY
Comment Count 7 comments on Sat Nov 17, 2012 at 07:28 AM PST with 19 Recommends