I’m posting this interview that Kate Hudson of Reality Radio did with economist Michael Burke mainly because it covers so much and does so with great clarity. Radio interviews, if done well, can sometimes be…
Tagged By Eurozone
The Fiscal Compact Treaty; a sheep in wolf’s clothing?
The debate on the Fiscal Compact Treaty in Ireland has been dominated by duel scaremongering arguments; the threat of institutionalised austerity on one side and the threat of discontinued ECB funding on the other. The…
On ABC Radio National, PM program: ‘Stupendously idiotic’ policies for Greece can’t work.
On ABC Radio National, PM program: ‘Stupendously idiotic’ policies for Greece can’t work. Good answers…. MARK COLVIN: Well it’s being imposed effectively from Germany, isn’t it? What are the chances that Germany is going to…
Charles Dallara of the IIF and How to Negotiate on Both Sides of the Table
There has been widespread horror at the rise of the far right Golden Dawn party in the recent Greek elections (they polled 7%), with appalled references to the activities of their “t-shirted thugs”. They are…
Where Would We Get The Money in the Event of a NO vote?
Many thanks to Mick Ruane for sending on this short video interview he made with Terry McDonough, Professor of economics at NUI Galway. In it McDonough lists the many funding options available to the state…
Left MEPs to go to Ireland ahead of Fiscal Treaty referendum
Press release from GUE/NGL. Voicing opposition to the Fiscal Treaty’s anti-democratic transfer of powers and its institutionalization of austerity, a delegation of European United Left / Nordic Green Left MEPs will travel to Dublin next week - Wednesday…
Confronting the Sovereign Debt Crisis: Beyond the Cycle of Austerity and Debt
The recently signed fiscal compact is another indication of the way in which the European sovereign debt crisis is being framed. The European politics class, social as much as Christian democrats, believe that the dramatic…
Europe: the Path to Growth?
Michael Roberts has an essential post on the propects for growth in Europe. Shorter version: there isn’t any – certainly not within the next decade if Europe’s leaders maintain current policies. This is not an…
Is Labour for or against the Austerity Treaty?
Speaking to the Dáil on 28 February Labour leader Eamon Gilmore told the assembled deputies that the purpose of the Austerity Treaty was to help build a “thriving and prosperous European economy that has moved…
An Adult Approach – I (Investing in a Vulgar Age) | Lee Quaintance & Paul Brodsky
‘The Greek debt workout will establish a benchmark for sovereign debt haircuts across the Eurozone‘ I tried to reduce the size of this quote, but I kept on leaving important stuff out. The whole article…
Last Night the Government Signed Up to €6 Billion More in Austerity Measures
The Government, in signing the Fiscal Treaty, has effectively committed itself to introducing up to €6 billion more in tax increases and spending cuts in the medium-term, over and above what it has already planned. …
The Euro Should Never Have Been Created in the First Place
There is much to dislike in the former IMF chief economists Peter Boone and Simon Johnson’s prognosis The European Crisis Deepens about the prospects for the Eurozone, particularly one of the three parts of their…
When British thieves and French thieves fall out – the Anglo-French governmental dispute in perspective
The French and British authorities are engaged in a war of words over which country will be first to be downgraded by the credit ratings agencies. At least the hostilities are purely verbal – these…
Ambrose Evans-Pritchard | Workers of Europe unite, you’ve only euro chains to lose
Ambrose Evans-Pritchard | Workers of Europe unite, you’ve only euro chains to lose We’re all swivel-eyed eurosceptics now! Note the outburst last week by Pedro Nuno Santos, socialist vice-president in Portugal’s Assembleia. “We have an…

