The End Of The Euro: A Survivor's Guide
In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.
In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.
Reuters | Posted 05.17.2012
FRANKFURT, May 16 (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfu...
Mitch Feierstein | Posted 05.07.2012
Shareholders need to take a hit. That way, the ground will be cleared for better managed companies and stockholders will be reminded about the responsibilities of ownership. And central bankers should take responsibility too.
Mark Weisbrot | Posted 04.30.2012
It is only the political will that is lacking. In the meantime, the opposition of ordinary Europeans throughout the eurozone will be all that stands between the European authorities and a worsening economic mess.
Michael Pento | Posted 04.24.2012
Downward pressure on the U.S. economy is already becoming apparent. Data on home sales, industrial production, jobless claims and regional manufacturing surveys have all recently disappointed.
Robert Kuttner | Posted 04.23.2012
Should Socialist Francois Hollande be elected president of France in the runoff election on May 6, that will help create an antidote to the austerity politics that are dominating Europe.
The Atlantic | MATTHEW O'BRIEN | Posted 04.22.2012
Pop quiz, hotshot. You're the prime minister of Spain. It's 2005. Unemployment is at a two-decades low. Housing prices are booming. You're worried tha...
Michael Pento | Posted 04.03.2012
However, in contrast to what passes for the economic wisdom of today, an increase in the rate of sovereign bond yields would be a function of deterioration in their credit, currency and inflation risks. But it would never be because of an increase in the prospects for growth.
The Huffington Post | Mark Gongloff | Posted 03.08.2012
You may meet five people in heaven, but until that time, you'll need to know seven and a half things each day. Here they are: Thing One: Apple Put ...
Joe Trippi | Posted 03.01.2012
As the end of 2011 neared, I looked at the Eurocrisis from a political perspective and concluded that the political system is incapable of solving the problem and probably will fail to do so. The markets will, sooner or later, figure this out.
The Huffington Post | Bonnie Kavoussi | Posted 12.30.2011
Despite their job description, European banks are shying away from lending, and it may be hurting the European economy. European banks parked a nea...
Posted 12.24.2011
MILAN (Reuters) - European Central Bank Governing Council Member Ignazio Visco said in a newspaper interview on Saturday that the bank will be att...
Alan Grayson | Posted 02.21.2012
Yesterday the European Central Bank announced that it will hand out $645 billion in three-year loans to European banks. Why would anyone think that the thing we have to do right now is hand out $645 billion in more funny money to the banks?
HuffingtonPost.com | Bonnie Kavoussi | Posted 12.15.2011
The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...
Jaime Rojo & Steven Harrington | Posted 02.10.2012
It's been an excellent year for street art all over the world and we've had the pleasure of seeing a lot of great stuff from both big names and anonym...
Posted 12.14.2011
PARIS/FRANKFURT (Paul Taylor and Paul Carrel) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after fin...
Vivian Norris | Posted 02.11.2012
The United States, and in fact, the rest of the world, especially the fear-driven crisis-mongering media and markets, could learn a few things by slowing down, realizing it takes time to build healthy economies, especially such a new one as the European Union.
HuffingtonPost.com | Bonnie Kavoussi | Posted 12.09.2011
The agreement European leaders reached Thursday night was taken by some as a sign that the eurozone would avoid breakup. Not so fast. Economists, poli...
Posted 12.09.2011
BRUSSELS (Luke Baker and Mark John) - Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone ...
Warren Mosler | Posted 02.08.2012
While the Germans aren't entirely wrong in their belief that lower deficits would restore funding capacity, I don't think they recognize that as currency users debt to GDP ratios may need to be under 30 percent to get to that point.
Sheldon Filger | Posted 01.22.2012
If the European Central Bank follows in the footsteps of Bernanke, I don't see how the results will be any different for the Europeans. Printing money may sound attractive to the desperate, but it is at best a short-term panacea.
Posted 11.20.2011
WASHINGTON (Lesley Wroughton) - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt cris...
Mohamed A. El-Erian | Posted 01.19.2012
Not surprisingly, signals of market stress are increasing, with a growing number of measures now flashing yellow and some on the verge of flashing red. The longer this persists, the greater the risk of very large market moves.
Posted 11.17.2011
BRUSSELS/PARIS (Jan Strupczewski and Daniel Flynn) - Euro zone and International Monetary Fund officials have discussed the idea of the European C...
HuffingtonPost.com | Bonnie Kavoussi | Posted 11.16.2011
The contagion of higher borrowing costs in Europe continued to spread on Wednesday, reaching even some of continent's strongest economies, raising nat...
Simon Johnson | Posted 05.27.2012