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Aurélie Trouvé: What I would do as head of the IMF

Today is the deadline for nominations in the race for the IMF leadership, and I have put forward a radically alternative candidate to do the job: me. I am a French economics lecturer and have been the co-chair of the association Attac, an international organisation and network in the global justice movement, for four years. Attac is present in more than 40 countries worldwide, and has tens of thousands of a ...

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Marc Faber, Sovereign Debt: The Next Crisis

Investment analyst Marc Faber explains in short the implications of sovereign debt for economies and societies worldwide: http://bit.ly/jynblm "Usually before countries default they'll print money. Then you'll have hyperinflation and that destroys essentially the middle class and the working class and benefits, say...I don't want to pick on Goldman Sachs, but it benefits the financial wizards, the speculato ...

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The Crisis of the Eurozone

EUI Working Paper, 2010 - "...Europe therefore needs a new political debate about how much it wants to allow markets to determine the fate of its citizens and countries". Learn more. http://cadmus.eui.eu/bitstream/handle/1814/14674/RSCAS_2010_77.pdf ...

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Merkel’s monetary imperialism and the death of democracy

The real causes of and the myths about the crisis by Jérôme E. Roos Negotiations are going on for an effective abolition of Greek national sovereignty in what the Financial Times has called an “unprecedented outside intervention in the Greek economy.” Believe it or not, the European Union is set to ‘peacefully’ annex Greece, essentially putting the country’s economy under direct conservatorship of the north ...

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European Debt Crisis? You Ain’t Seen Nothing Yet!

By Jérôme E. Roos In the wake of the Greek and Irish crises last year, analysts predicted that the collapse of the eurozone might become the big story of 2011. But while our neighbors in North Africa and the Middle East have burst into full-blown revolution, all appears to be quiet on the Western front. Or does it?   Last Thursday, Moody’s downgraded Spain’s credit rating, sending shock waves through t ...

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De hand in eigen boezem. Griekenland en de crisis

Naar aanleiding van een discussie die op mijn facebook-pagina ontstond over een artikel van Ingeborg Beugel in de NRC (link) , leek het me aardig een voorbeeld te geven van een Grieks artikel, dat duidelijk niet voorbijgaat aan de eigen verantwoordelijkheden voor het ontstaan van de huidige situatie. Een voorbeeld van een artikel dat ingaat tegen de onderbuikgevoelens van 'de Grieken als eeuwig slachtoffer ...

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The Myth and the Tragedy: The Greek Debt Crisis

A very interesting PhD Research Proposal by Jérôme E. Roos: My research proposal for a PhD in Social and Political Science at the European University Institute, applying the ideas of Marx, Gramsci, Minsky and Keynes to the Greek debt crisis.   Working title The Myth and the Tragedy: The Greek Debt Crisis in Comparative-Historical Perspective Introduction The Greek debt crisis of 2010 marked a watershed ...

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Five reasons why Europe is cracking up

Excellent analysis by José Ignacio Torreblanca: In Germany, France and Italy, but also in many other places, we find ourselves confronted with a generation of leaders ever more shortsighted and given over to electioneering: among them, none speak to Europe nor for Europe. Denmark has reintroduced border controls with the populist excuse of controlling crime. By taking the step, the country that was once a m ...

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Paul Krugman: The real reason for the euromess

Greece and other European nations are in trouble because policy elites pushed the continent into adopting a single currency. Lately, financial news has been dominated by reports from Greece and other nations on the European periphery. And rightly so. But I've been troubled by reporting that focuses almost exclusively on European debts and deficits, conveying the impression that it's all about government pro ...

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Global Research: The Euro-Debt Crisis: Greece, Portugal, Spain. The Debts are Unpayable. Once the Lending Stops the Bottom Falls Out.

By Bob Chapman We hope all of our appearances on Greek TV, radio and in the press have helped the educational process and to allow the Greeks to identify who the real culprits are, and what to do about it. It has just been over a year since this tragedy became reality, but we reported on Greece and Italy ten years ago. They both bent the rules to enter the euro zone.  We knew then that Goldman Sachs and JPM ...

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