December 23, 2013

Merry Christmas, Europe -- You've Been Downgraded

Alex Berezow, RealClearWorld

AP Photo

The EU should not be lulled into a false sense of security because its long-term health is still uncertain. That message is true, regardless of how imperfect the messenger.

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TAGGED: Eurozone, European Union, Europe


December 20, 2013
EU Is in Denial over Its Failed Currency
Jeremy Warner, Daily Telegraph
Rarely has the economic gulf that separates the English-speaking world and continental Europe looked quite as wide as it does today. While much of the eurozone remains mired in an economic funk, Britain and America are recovering... more ››
December 11, 2013
EU Crisis Isn't Down to Lazy Greeks
Mehdi Hasan, New Statesman
Few historians would dispute that the astounding growth of the postwar German economy and the ascent of Germany to world economic power status wouldn’t have happened without the London Debt Agreement. So why such a... more ››
December 18, 2013
Is Fascism Returning to Europe?
F. Finchelstein & F. Bosoer, NY Times
Broadly speaking, populist movements, which tend to gain traction following the implementation of austerity measures, are an attempt to redress perceived crises of representation in government. The hallmark of Latin American... more ››
December 17, 2013
Germany's Coming Downgrade
Eijffinge & Mujagic, Project Syndicate
Germany’s public debt is higher than the Netherlands’, especially considering that the Dutch have a natural-gas supply worth well over 20% of GDP and pension-fund savings of some €1 trillion ($1.37 trillion), or... more ››
December 11, 2013
Economic Misery Aside, Europe Is a Success
Hamish McRae, Independent
Five years of hardship have not changed the basic dynamics: people want to live in Europe. more ››