April 28, 2012

The Euro Must Go

Peter Morici, Asia Times

AP Photo

Austerity programs are costing Europe's governments their legitimacy. The Germans and broader European Union must dial back on deficit reduction but will never get out of their quagmire without abandoning the euro in favor of national currencies.

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TAGGED: Europe, European Union, Eurozone


April 24, 2012
France Throws Down the Gauntlet to Europe
Gideon Rachman, FT
This election has already revealed a deep French anxiety about globalisation, austerity and national identity that all candidates pandered to. That will be reflected in France's behaviour in Europe. more ››
April 23, 2012
Dutch Populist Wilders Bets on Anti-Euro Vote
Anthony Deutsch, Reuters
Dutch populist Geert Wilders, who gained prominence denouncing Islam and railing against immigrants, is betting his political future on the anti-euro vote. more ››
April 18, 2012
EU Should Maintain China Arms Embargo
Richard Weitz, The Diplomat
Last month, I was in Sweden meeting with think tank and government officials. The main purpose of the visit was to discuss EU-U.S. policies toward Iran, especially the effectiveness of the international sanctions seeking to... more ››
April 19, 2012
The EU's Carbon Trade War
Claude Barfield, The American
The European Union—or at least its feisty climate commissioner Connie Hedegaard—seems determined to take on the whole world by demanding that all airlines pay a carbon tribute for the privilege of crossing EU airspace... more ››
April 20, 2012
Why Americans Distrust the EU
Nile Gardiner, Telegraph Blogs
’ve just returned to Washington from the Midwestern state of Minnesota, where I gave a talk to conservative academics, businessmen and students from the Twin Cities of Minneapolis-Saint Paul, on the decline of the European... more ››