Category Archives: Eurozone

Commentary on the madness involved in setting up the EMU and how it is dysfunctional

The EMU reform ruse – Part 4 and Final

This is the final part of my four-part discussion of a so-called progressive proposal advanced by German academic Fritz Sharpf to reform the Eurozone into two tiers: a ‘Northern’ hard currency tier and a ‘Southern’ non-euro tier with the latter nations … Read the rest of this entry »

Posted in Eurozone | 3 Comments

The EMU reform ruse – Part 3

This is the third part of my mini-series which have been evaluating one so-called progressive reform approach to the Eurozone disaster. Part 2 provided essential background, given that one of the proposals being circulated by progressives involves the weaker Eurozone … Read the rest of this entry »

Posted in Eurozone, Reclaim the State | 10 Comments

The EMU reform ruse – Part 2

This blog continues the discussion from yesterday’s blog – The EMU reform ruse – Part 1 – where I consider the reform proposals put forward by German academic Fritz Sharpf, which have been held out by Europhile Leftists as the … Read the rest of this entry »

Posted in Eurozone | 2 Comments

The EMU reform ruse – Part 1

On October 31, 2017, my blog – Europhile Left deluded if it thinks reform process will produce functional outcomes – countered some of the nonsense coming out of Europe (from the so-called progressive side) that the Eurozone hadn’t failed when … Read the rest of this entry »

Posted in Eurozone, Reclaim the State | 4 Comments

Massive Eurozone infrastructure deficit requires urgent redress

The latest – EIB Investment Report 2017/2018 – published last week by the European Investment Bank tells anyone who cares to take those Europhile Rose Coloured Glasses off for just a second how deep the failure of the European policy … Read the rest of this entry »

Posted in Eurozone, Reclaim the State | 17 Comments

Europhile Left deluded if it thinks reform process will produce functional outcomes

A recent twitter exchange with some Europhiles who believe that it is better to wait for some, as yet unspecified, incremental reform process for the Eurozone rather than precipitate exit and the restoration of currency sovereignty was summed up for … Read the rest of this entry »

Posted in Eurozone | 12 Comments

The sham of ECB independence

One of the major claims the founders of the EMU made was that by creating an independent ECB – by which they meant ‘independent’ of the influence from the Member States or other EU bodies (such as the Eurogroup) – … Read the rest of this entry »

Posted in Central banking, Eurozone | 9 Comments

Three recent interviews – transcripts and video

Today, I have translated two interviews I did while I was in Europe recently. The original interviews were in Spanish. The first interview was with Andrés Villena Oliver for CTXT and was published in the Spanish newspaper Público. It was … Read the rest of this entry »

Posted in Demise of the Left, Economics, Eurozone, Fiscal Statements, Job Guarantee | 9 Comments

Wolfgang Schäuble is gone but his disastrous legacy will continue

History is often made by single, very powerful individuals acting on their own mission according to their own calling. Many of these individuals are seemingly immune to the reality around them and try to recreate their own reality – sometimes … Read the rest of this entry »

Posted in Eurozone | 20 Comments

Travel and beyond …

My blog today is short as I have been travelling back home and trying to land on both feet – running! Today, you can view a video of the Berlin event on September 28, 2017 and find out what the … Read the rest of this entry »

Posted in Admin, Demise of the Left, Eurozone, Reclaim the State | 7 Comments