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Why We’re Doomed: Our Delusional Faith in Incremental Change

Why We’re Doomed: Our Delusional Faith in Incremental Change Better not to risk any radical evolution that might fail, and so failure is thus assured. When times are good, modest reforms are all that’s needed to maintain the ship’s course. By “good times,” I mean eras of rising prosperity which generate bigger budgets, profits, tax revenues, […]

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Alexis Tsipras: The Bell Tolls for Europe

Alexis Tsipras: The Bell Tolls for Europe This is a letter From Greek PM Alexis Tsipras in today’s Le Monde. I have little to add, his eloquence needs few comments at this moment. One thing is certain: the negotiations will never be the same. And neither will Europe. Straight from the Prime Minister’s offical website: : Alexis […]

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Russian Pivot: Greece Will “Probably” Join BRICS Bank, Official Says

Russian Pivot: Greece Will “Probably” Join BRICS Bank, Official Says Greece has very little in the way of bargaining power with European creditors. Outside of gimmicks like tapping its SDR reserves, Athens has no cash to make payments to the IMF in June and, perhaps more importantly, there’s very little in the way of wiggle […]

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Austerity, Economics and Religion

Austerity, Economics and Religion There are many things going on in the Greece vs Institutions+Germany negotiations, and many more on the fringe of the talks, with opinions being vented left and right, not least of all in the media, often driven more by a particular agenda than by facts or know-how. What most fail to […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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