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Beware of Greeks Getting Gifts?
Pessimism about future default can be a self-fulfilling prophecy.
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Jim Rogers: 'Let Greece Fail, It Would Be Good for the Euro'
Adam Sharp submits: I love this guy. In the clip below, he dishes out his patently-straightforward analysis of the Greek debt problem. He demands accountability from the Greeks (and anybody else asking for a bailout), and dismisses concerns that ...
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Greeks lament austerity VAT rise
The increase in VAT is the most unpopular measure in the austerity plan. Many Greeks see it principally as an attack on the poorest. Even at
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(Repost from March 9:) Items on Greece
A couple of items on Greece: First, Mike-Frank Epitropoulos, who is working on an article for us on the Greek debt/default situation, sent us this image. The German magazine Focus ran a cover story headlined "Cheats in the Euro Family," with an image ...
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Riots in Greece as Greek Workforce Told to Work
ATHENS - Greece - There were prolonged riots in Greece lasting for over a week, after the Greek prime minister ordered in new 'austerity plans' to try and claw back some of the enormous money owed by the country's huge budget deficit.
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Greece faces a Herculean adjustment task
The task the Greek government has set itself sorting its finances, quelling increasing civic unrest appears to rank somewhere between cleaning the Augean stables...
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