Sick Man of Europe is Europe; Blame the Socialists, Progressives, Greens, and the Euro Itself
Joel Kotkin writing for New Geography hits the nail smack on the head with his assessment Sick Man of Europe is Europe. Throughout the continent, public support for a united Europe fell sharply last year. Opposition to greater integration has emerged, with anti-EU parties gaining support in countrie ...
"Hope Is Not Good Policy" - Saxo Bank Warns The Entire World Is Headed For A Minsky Moment
By Saxo Bank's Steen Jakobsen Surely not this old chestnut – again? ‘Interest on debt grows without rain’ – Yiddish proverb This proverb explains most of what goes on in policy circles these days. We are now watching Extend-and-Pretend, Episode VI: Promises for improvement amid ever growing debt lev ...
