South America
Trump’s Triumph: DiEM25 on how progressives must react
, 09/11/2016
Donald Trump’s victory marks the end of an era when a self-confident Establishment preached the end of history, the end of passion and the supremacy of a technocracy working on behalf of the 1%. But the era it ushers in is not new. It is a new variant of the 1930s, featuring deflationary economics, xenophobia […]
Building a Progressive International – op-ed Project Syndicate
, 31/07/2016
ATHENS – Politics in the advanced economies of the West is in the throes of a political shakeup unseen since the 1930s. The Great Deflation now gripping both sides of the Atlantic is reviving political forces that had lain dormant since the end of World War II. Passion is returning to politics, but not in […]
European countries must support the United Nations’ proposals for sovereign debt restructuring! – Open letter to the UN by 19 economists
, 08/09/2015
On September 10, the United Nations General Assembly will vote on nine principles concerning the restructuring of sovereign debts. Abiding by such principles would have avoided the pitfalls of the Greek crisis, in which political representatives gave in to creditor demands despite their lack of economic sense and their disastrous social impact. This public interest […]
Death by Debt: My Response to The German Finance Ministry, by Jeffrey Sachs
, 01/08/2015
Dr. Ludger Schuknecht, senior economist at the Germany Finance Ministry, explains his ministry’s viewpoint regarding Greece. This viewpoint essentially holds that Eurozone countries should live within their means; adjust to their debt burdens; and take their reform medicine as needed. If they do so, they will be successful, as illustrated by Ireland, Spain, and Portugal. Greece […]
The Minotaur’s Global Legacy, Part B – Wounded tigers: Japan, America and the South East Asian crisis
, 05/03/2011
Today I continue with a region by region assessment of the impact of the Global Minotaur’s demise post-2008. The last post looked at Japan. This one focuses on the nexus between Japan, SE Asia and the USA