Thursday, 25 April , 2024

ECB

The Brewing Collapse of the Western Monetary System

It is hard to believe that Washington would risk a war with Russia, being well aware of Russia’s superiority in the air, as well as on and under the sea with latest generation technology and nuclear war heads. But the exceptional nation on a declining course, knows no scruples pulling the entire humanity into her self-made abyss.

An Alternative to the Euro

BREXIT has shown that the EU cannot continue to do more of the same. It is time for a fundamental change of course. If this is not achieved, it will come to uncontrolled, confrontative or even explosive ruptures. If we want to prevent this, clarifying the currency issue is urgent and unavoidable. This is a key issue for the future of the EU -although not the only one. This is the core message of the following Appeal, formulated before the BREXIT decision.

How to remedy the Euro Zone’s Original Sin

Financing vs. Spending Unions: How to Remedy the Euro Zone’s Original Sin By Thomas Palley In economic policy, timing isn’t everything, it’s the only thing. The...

ECB threatens Slovenia on central bank raid

By Marja Novak and Balazs Koranyi LJUBLJANA/FRANKFURT, July 7 Slovenian prosecutors put central bank chief Bostjan Jazbec under investigation for possible "criminal abuse of office"...

SILENCE OF THE LEFT regarding Euro-Austerity and T-TIP, by Michael Hudson

The media in the United States have treated the British vote against remaining in the European Union (EU) as if it is populist “Trumpism,” an inarticulate right-wing vote out of ignorance at being left behind by the neoliberal economic growth policy. The fact that Donald Trump happened to be in Scotland

Great Day in European History

No one believed in this victory. Even most of those who led the campaign for Britain's withdrawal from the European Union did not expect that on the morning of June 24, 2016 it would be announced that the majority voted in favor of a break with the Brussels bureaucracy

BREXIT – A New Dimension – New Hope for Europe

BREXIT is the best thing that has happened not only for the Brits – but for all of Europe – and potentially for the world in the last 30-some years – which were beset by Washington Consensus demagoguery, by ever more flagrant globalization towards a New World Order

Mr. Blanchard, the IMF and Berlin

Mr. Blanchard, as chief economist of the IMF, can be considered as one of the people directly responsible for the biggest social and economic catastrophe in Western Europe after the 2nd World War, due to the Greek "bail-out" (bail the banks and their profits) program.

Money to Banks, not to Greeks!

Most of Greek bailout money went to banks Only 5 percent of international bailout money for Greece was used to kickstart the country's languid economy,...

Looking for the exit

By Steffen Stierle  Peace, prosperity and democracy. For decades, these promises were used to win large majorities in favour of European integration, including the introduction...