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Troika Documents Say Greece Needs Huge Debt Relief
Troika Documents Say Greece Needs Huge Debt Relief Just when you think things can’t get any crazier, they always do. The Guardian reports on unpublished Troika documents that show Greece is only too right in asking for debt relief. That for the Syriza government to sign what the Troika wants to force them to sign […]
The Care and Feeding of a Financial Black Hole
The Care and Feeding of a Financial Black Hole A while ago I had the pleasure of hearing Sergey Glazyev—economist, politician, member of the Academy of Sciences, adviser to Pres. Putin—say something that very much confirmed my own thinking. He said that anyone who knows mathematics can see that the United States is on the […]
The Mood On The Ground In Greece: “Some Have Raised The Prospect Of Civil War”
The Mood On The Ground In Greece: “Some Have Raised The Prospect Of Civil War” Earlier today, John O’Connell, CEO of Davis Rea, spoke to Canada’s BNN from what may be Greece’s top tourist attraction, the island of Santorini, to give a sense of the “mood on the ground.” Not surprisingly, his feedback was that, at […]
Paul Craig Roberts Warns Greek Government May Be Assassinated In This Crisis If They Pivot East To Stop World War III
Paul Craig Roberts Warns Greek Government May Be Assassinated In This Crisis If They Pivot East To Stop World War III With people around the world worried about the escalating crisis in Greece and conflicts in the Middle East and Ukraine, today former U.S. Treasury official, Dr. Paul Craig Roberts, warned King World News that the […]
Greek debt crisis: ‘Something awful’ this way comes
Greek debt crisis: ‘Something awful’ this way comes The next “final” twist in the exhausting Greek drama is upon us, and it’s looking like “something awful” is about to befall the country’s banking system, Citigroup analysts said yesterday. A deal was on the table Friday, but the ECB’s move over the weekend to freeze emergency loans […]
Greece Invokes Nuclear Option: Tsipras Calls For Referendum
Greece Invokes Nuclear Option: Tsipras Calls For Referendum Update: Greek PM Alexis Tsipras has announced a referendum in a televised speech to the nation after another day of fractious negotiations with creditors closed without a deal. The dramatic move comes after Athens rejected a proposal from the troika aimed at delivering some €16 billion in aid […]
Europe’s Complicity in Evil
Europe’s Complicity in Evil Sovereignty or Imperialism? On September 5, 2009 I addressed an international conference in Austria on the subject of Europe’s subordination to the US and, thus, the absence of any constructive criticism of US foreign and domestic policies. Karel van Wolferen, whose website is http://www.karelvanwolferen.com, kindly reminded me of my address to the […]
There’s Something Wrong With The World Today and It’s 1995
There’s Something Wrong With The World Today and It’s 1995 There weren’t any surprises in the “final” GDP update for Q1. Going back to -0.2%, the same interpretations still apply, especially and including the inventory contribution. Economists and policymakers want to talk particularly about how Q1 is prone to “residual seasonality” but that is missing […]
The Money is Just Sleeping … Let us Wake it Up!
The Money is Just Sleeping … Let us Wake it Up! J.C. Juncker Sets Out to “Wake Up Liquidity” In a recent article on the never-ending Greek Kabuki theater, we have come across parts of an interview EU budget commissioner Kristalina Georgieva has given to AFP, in which she explains J.C. Juncker’s cunning plans to “kick-start” the […]
The War Party’s Foolish Confrontation With Russia Is Heading Into A Dangerous Dead End
The War Party’s Foolish Confrontation With Russia Is Heading Into A Dangerous Dead End “U.S. Poised to Put Heavy Weaponry in East Europe: A Message to Russia,” ran the headline in The New York Times. “In a significant move to deter possible Russian aggression in Europe, the Pentagon is poised to store battle tanks, infantry fighting […]
Energy Security in the EU: Pipelines, Powers, and Political Relations
Energy Security in the EU: Pipelines, Powers, and Political Relations The Many Faces of Energy Security The term “energy security,” despite its pessimistic applications and loose definitions, is profligately used in policy circles and academic fields. Limiting disruptions of supply to broader definitions, which have political, economic, and/or environmental bearing, is common of energy security […]
Presenting The New Plan For A Eurozone Superstate—–Curly, Larry And Moe
Presenting The New Plan For A Eurozone Superstate—–Curly, Larry And Moe ENLARGE Dutch finance chief Jeroen Dijsselbloem, left, with European Commission President Jean-Claude Juncker, center, and President of the European Council Donald Tusk, right. By Matthew Dalton European officials released a plan to address flaws in the eurozone’s makeup that would see its members sacrifice more […]
The Euro Was Doomed From The Start—–And Still Is
The Euro Was Doomed From The Start—–And Still Is Next week will be a momentous one for Europe, with a string of crucial meetings including the summit at which the PM will table his renegotiation demands. We may be focused on our renegotiation but it is Greece which will dominate. For some time it has looked […]
Paul Craig Roberts’ Address to the International Conference on the European/Russian Crisis Created by Washington
Paul Craig Roberts’ Address to the International Conference on the European/Russian Crisis Created by Washington Paul Craig Roberts’ address to the Conference on the European/Russian Crisis, Delphi, Greece, June 20-21, 2015 Paul Craig Roberts, formerly Assistant Secretary of the US Treasury for Economic Policy, Associate Editor, Wall Street Journal, Senior Research Fellow, Stanford University, William […]
