Crowdfunding could be one way forward for a more stable Greece, whether or not the current bailout deal works. We could just sit and wait and hope for Greece's policymakers, other world leaders and the troika to figure things out - or we could take control.
We admit it: even though we love to travel more than anything else in the world, some places just rub us the wrong way.
When I was in junior high school I excelled in literature and math. You know -- fractions, algebraic equations, and Venn diagrams. Economics, not so much. Too many theories, too abstract. It wasn't concrete.
LONDON -- We live in a period in which we no longer have a unipolar or bipolar world, we don't even have a multipolar world; it's kind of a chaotic world where power relations have become unclear. When power relations are unclear, impunity and unpredictability tend to prosper. That, I believe, is the reality behind the high levels of displacement that are taking place in today's world.
The truth of the matter is that the Greek people will never see the bailout funds being used for growth or to reboot the Greek economy, as the European leadership claims. The €86 billion will be paid out in tranches
The challenge for the European Union and its member states, particularly Germany, is in balancing the often incongruous demands of co-operation and self-interest, and thus demonstrate to their own citizens that concrete achievements can still create a Europe of solidarity and prosperity as Schuman envisaged.
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.
Don't get me wrong, the Mona Lisa's got a lovely smile and all, but there's something soul-crushing about how she's displayed: stowed away in glass, surrounded by hordes of sightseers throwing up "gang symbols" and cheesy smiles for their selfie sticks.
Perhaps the worst news for the Greeks is that the Germans have gone "radio silent." When the Germans were beating up the Greeks daily in the press, the Greeks were getting sympathy ... no more. Greece is on its own.
The picture in the Middle East these days is not good. The hybrid terrorist-army known as ISIS has conquered an area in Syria and Iraq that is larger than Britain and have taken the eight million people suffering in their proto-state/"Caliphate" back to the Middle Ages.
LOL, what a joke! Unfortunately, the joke is on us as Monday's silly low-volume rally has already been completely erased in this morning's Fu...
Landon Thomas, Jr. of The New York Times reports that the International Monetary Fund (IMF) might not pony up any cash for the third Greek bailout. To calculate the odds on whether the IMF will, or will not, contribute bailout funds requires knowledge of the IMF's little Greek secret.
A shadowy yet powerful organization begins to exert pressure on King Theoden of Rohan to bend to its will -- yes, the wizard Saruman and his minions at Isengard, better known to us as the International Monetary Fund.
The comforters aren't stacked straight, and it's driving Thal Tembelis crazy. He scrambles up a step ladder and adjusts the plastic packages so they are lined up in the light like soldiers at roll call.
Small countries often have no choice but to align themselves with larger economic entities, as for instance the Baltic countries have done inside the European Union. But Poland is not a small country. It is the sixth largest EU country by population, and the largest country in East-Central Europe (twice the size of its nearest competitor, Romania).
Deliverance or calamity, recession-oriented or development-oriented, the "best possible agreement," or the "worst of them all," the new agreement between Athens and its creditors still has an uncertain fate and even more uncertain consequences.