Category Archives: Eurozone

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

Italy should lead the Member States out of the neoliberal Eurozone dystopia

The widely read German news site, Spiegel Online, published an amazing article last week (November 1, 2018) – Italy Doubles Down on Threat to Euro Stability – which confirms to me that very little progress has been within the Eurozone … Read the rest of this entry »

Posted in Central banking, Eurozone, Fiscal Statements | 23 Comments

Left-liberals and neoliberals really should not be in the same party

This week’s theme seems to be the about how the so-called progressive side of the economic and political debate keeps kicking ‘own goals’ (given a lot of this is happening in Britain where they play soccer) or finding creative ways … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Framing and Language, Reclaim the State, UK Economy, US economy | 35 Comments

The AfD and its ilk is a sideshow in the neoliberal takeover

The weekend before last I was in Germany (and Bavaria) at the same time as the – Bavarian state election. The results for the SPD (Social Democratic Party) were disastrous losing 20 seats (down from 42) and gaining only 9.7 … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Framing and Language, Politics, Reclaim the State | 42 Comments

German citizens firmly against any (even weak) federal reforms to the EMU

I don’t have much time today as I am travelling from Lisbon back to London for a series of meetings. My next public speaking engagement is on Saturday in Germany (see below). But I read an interesting report yesterday, which … Read the rest of this entry »

Posted in Eurozone | 14 Comments

The destruction of Greece – the slow-burn decline of a nation

Herman Van Rompuy, the former European Union president told us all we needed to know about democracy in the EU when he spoke to a a gathering in Louvain (Belgium) in 2010. In his speech (September 8, 2012) – A … Read the rest of this entry »

Posted in Eurozone | 26 Comments

I hope the Italian government holds its nerve against Brussels

Only a short blog post today as I am travelling for a fair part of the day on my way from New York City to Dublin for my next speaking engagement. Tomorrow’s blog post will cover some reflections on the … Read the rest of this entry »

Posted in Eurozone, Music | 10 Comments

When 232 thousand becomes 630 – quite, simply horrifying Brexit losses

I read a lot of articles in the British and other press about how the Brexit camp lied or mislead voters about the benefits of Brexit. Apparently there is an immorality in the leave camp that led it to deliberately … Read the rest of this entry »

Posted in Britain, Eurozone, UK Economy | 17 Comments

It is (way past) time to dissolve the disastrous EMU experiment

Sometimes there is clarity. Like when the Koch brothers-funded report on US health care came up with the ‘wrong’ conclusion – that is the right conclusion – $US2 trillion dollars worth of right conclusion. And like when a hard-core German … Read the rest of this entry »

Posted in Eurozone | 8 Comments

The abdication of the Left – redux – Part 2

This is the second and final part in my response to the Social Europe article by Stuart Holland (July 11, 2018) – Not An Abdication By The Left – where he attempts to eviscerate various writers who have dared to … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Framing and Language, Reclaim the State | Leave a comment

The abdication of the Left – redux – Part 1

Former Austrian Chancellor Bruno Kreisky was quoted as saying during the 1979 Austrian election campaign that: “I am less worried about the budget deficits than by the need for the state to create jobs where private industry fails”. That is … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Reclaim the State | 10 Comments