Tag Archive
Merkels Wants Deflation for Europe
The Ossie whose understanding of economics is still blurred by Friedman and Hayek’s enthusiasm for deregulated markets and flat taxes is lambasting the Fed and the BoE for the heinous crime of quantitative easing: basically printing money like there’s no tomorrow to avert deflation and global depression.
Europe’s new Iron Lady is even criticizing Trichet [...]
Anarchy in the EU
(For same-titled book, check Agenzia X; it contains parts in English and a chromatology of european movements)
Forty-one years later, and the spirit, if not the fervour, of May 1968 lives on. Then, over a month of student-led protests and a general strike crippled France and popular Marxist revolution appeared a real possibility in a Western [...]
Krugman Confirms GR.info’s Thesis that EU will suffer worse slump due to monetarist orthodoxy
By PAUL KRUGMAN
Published: March 16, 2009
I’m concerned about Europe. Actually, I’m concerned about the whole world — there are no safe havens from the global economic storm. But the situation in Europe worries me even more than the situation in America.
Just to be clear, I’m not about to rehash the standard American complaint that Europe’s [...]
Middle-Class Europe Made Precarious by Crisis
AGITATION AS MIDDLE-CLASS EUROPE STRUGGLES TO COPE
By John Thornhill
Economics is convulsing European politics. Governments have fallen in Iceland and Latvia; strikes or protests have erupted in Greece, Ireland, France, Germany, Britain, Lithuania, Ukraine and Bulgaria. Financial turmoil has shaken even the continent’s furthest-flung outposts: the French Caribbean island of Guadeloupe has been ravaged by violent [...]
NEXT LEFT: european politics and movements in the Great Recession
Do a bit of historical rewind and think you are back in 2000 again. Boy, was Europe optimistic back then. The new economy hadn’t crashed yet, and Dubya did not seem to stand a chance against Gore. Sure, noglobal protesters had emerged as spoilers of the party of monetarism and neoliberalism, and the cinders of [...]