If the debt ceiling causes a default or government shutdown and becomes a campaign issue in the 2016 election, there are some signs that the coin could be taken seriously by the Democratic front-runners for president.
The sheer existence of a solidarity structure makes clear that the times in which health was affordable are long over. The Metropolitan Clinic of Helleniko, by far the biggest solidarity clinic in Greece, reports patient numbers have risen by 375 percent from 2012 to 2013.
Greece has lately been seeing its own version of the "economía solidaria"; a term dating back to Latin America in the 80s when a big segment of the population started experiencing economic exclusion and decided to counter it through self-managed provision of services by their members.
It looks like we are returning to the goldilocks economy that prevailed for much of last year -- low inflation plus continued good job growth. But it also could mean better economic growth that has stayed in the 2 percent range during the Great Recession recovery to date.
How it can be demanded to prepay taxes on income that has not materialized, and especially in an environment of economic depression which makes this materialization questionable and the demand by itself contributes further to the depression?
This is inequality: a ton of money at the top, everyone else hunkered down just trying to get by (or not getting by), forced to spend very little. Companies are afraid to expand if no one is spending. The result is poor demand to guide the way to safe investment.
The insistence on keeping wages down, stripping away bargaining power from workers, forcing small business owners to pay taxes a year in advance, and cutting pensions will only hamper demand and lead to a deepening spiral of debt.
Because of Puerto Rico's colonial status, the island's residents have never had any say over the imposed U.S. economic, trade and monetary policies which contributed significantly to the current economic crisis. So why are they now being asked to shoulder the bulk of the burden through austerity?
BERLIN -- At its core, the criticism articulates an astute awareness of Germany's break with its entire post-WWII European policy. Germany's stance on the night of July 12-13 announced its desire to transform the eurozone from a European project into a kind of sphere of influence.