Evans Pritchard: America and China must crush Germany into submission
My goodness, have things come to this? The normally circumspect Ambrose Evans Pritchard writes in the conservative UK newspaper The Telegraph as follows… “Having followed the German political scene...
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Must Read: The Road to Serfdom
The Road to Serfdom by umkc.economists@gmail.com (With apologies to Friedrich Hayek) By Marshall Auerback The markets are again in free-fall and, once again, a lazy Mediterranean profligate is to...
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 ArticleStuart Holland and Yanis Faroufakis critique of Barosso’s Green paper re euro...
Eurobonds that can work now! A critique of the European Commission’s Green Paper on ‘Stability’ Bonds, by Stuart Holland published by Yanis Varoufakis, …This (Stuart Holland’s) paper both critiques 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 ArticleEvans Pritchard advises Germans to cut their losses and leave the Euro
Unusual plea for consideration of the German people from the Telegraph. Ambrose Evans Pritchard has sympathy for Germany and thinks it should leave the Euro in “an orderly way” (is that possible?)....
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...
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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