Tags » Sovereign Debt Crisis

Catalonia Violence is the True Face of the EU

Spain’s response to the Catalonia Independence Referendum was both predictable and deeply unnecessary.  It will be the death of the European Union.

Despite the best efforts of the European establishment, the Catalonia referendum finally went ahead as scheduled. 1,116 more words

Politics

There is a dêmos-shaped hole in the centre of Europe – DiEM25 must fill it

‘Saying there’s a democratic deficit in Brussels is like saying there’s an oxygen deficit in space. There is no oxygen deficit, because there is no oxygen.’ These words have been uttered by Yanis Varoufakis on countless occasions since he was ousted from the Greek Finance Ministry in 2015; his recent book elaborates on this conclusion further. 2,841 more words

European Politics

The Government Deficit and the Fed

The Federal Reserve recently announced an increase in the interest rate which it sets. This has implications for the government deficit which may not be well understood by the average person so I thought that it might make sense to discuss the connection between the Federal Reserve and the government deficit. 474 more words

Fiscal Policy

FNF Greece: The Greek government is running out of time, again

by Nicos Rompapas, Executive Director KEFIM-Markos Dragoumis

Negotiations between the Greek government and its creditors remain in a stalemate, but time is running out. For months members of the government have been stating that Greece has fulfilled its commitments for the second compliance review of reforms and economic progress and that just a few issues remain open. 445 more words

GREECE

Simon Parkes News Updates – Jan 25-28, 2017

“Simon Parkes is a life long experiencer of aliens, shadow people, elementals and ufo’s, these include Mantid (Mantis) beings, Draconis Reptilian, Feline, small and tall Grey creatures, Crystalline beings and other creatures that can’t be identified. 605 more words

Simon Parkes

Debt-to-GDP post-2006 in 12 countries

The best source of annual debt-to-GDP ratios that are reasonably comparable across (many) countries is probably the World Economic Outlook (WEO) of the IMF. In the WEO database, we can obtain both the actual data and some forecast, which is always interesting to see, but I guess of little practical use beyond “next year.” There are also several other variables, not only regarding public finances. 445 more words

Macroeconomics