World Affairs
The Fall of the Mighty Euro
JEFF DESJARDINS The Fall of the Mighty Euro The European Union has always been primarily a political project. The idea of the union was to take peoples that had long and complicated histories, […]
Greek Crisis
Commentary
Greece: Sound and Fury Signifying Much
EDITORIAL Greece: Sound and Fury Signifying Much By Paul Craig Roberts – July 16, 2015 All of Europe, and insouciant Americans and Canadians as well, are put on notice by Syriza’s surrender to the agents […]
Financial
“Odious Debt” Has Finally Arrived: Greece To Write Off “Illegal” Debt
by Tyler Durden It was back in June 2011 when we first hinted that the time of Odious Debt is rapidly approaching. As a reminder, this is what Odious Debt is: In international law, odious […]
Financial
George Soros Warns Greece “Is Going Down The Drain”
by Tyler Durden “Right now we are at the cusp,” billionaire George Soros tells Bloomberg TV in this brief clip, the chances of Greece leaving the euro area are now 50-50 and the country could go “down […]
Commentary
GREECE DEAL: “WE WILL KEEP EXTENDING THE LOANS FOR 4 MONTHS, FOR THE NEXT 80 YEARS”
VIA PAPARAZZI NEWS Greeks celebrated in cheer and feta cheese. Under the new deal, Europe will support Greece in its effort to pretend that structural reforms are being implemented. “Ja, Wie conzider zthat az long az […]
World Affairs
The Assassination of Greece
by James Petras Yánis Varoufákis and Aléxis Tsípras The Greek government is currently locked in a life and death struggle with the elite which dominate the banks and political decision-making centers of the European Union. What […]
Commentary
Europe’s Greek Showdown: The Sum Of All Statist Errors
by David Stockman The politicians of Europe are plunging into a form of ideological fratricide as they battle over Greece. And “fratricide” is precisely the right descriptor because in this battle there are no white hats or black […]
Financial
Greece Exposes The Global Economy’s Achilles Heel
by Chris Martenson The new Greek political party, known as Syriza, the Coalition of the Radical Left, has done the unthinkable: they’ve dared to speak the truth. In this case, the truth is perfectly captured […]
Commentary
It Is About To Get Ugly: Oil Is Crashing And So Is Greece
By Michael Snyder The price of oil collapsed by more than 8 percent on Wednesday, and a decision by the European Central Bank has Greece at the precipice of a complete and total financial meltdown. What […]