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"The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. "...
It's another Greek election weekend. It's supposedly a tight race between pro-austerity New Democracy, and anti-austerity Syriza.
Nobody can predict who will win this time. The polls indicated, that either of those two could win, with a share of 25-30% of votes. But no new polls have been...
So we boarded the subway and headed towards the Syntagma Square. That particular station was closed, so we had to get out at the next station and walk to Syntagma. As soon as we got out at the Monastiraki station, the smell of tear gas was everywhere. Although it was still 19:00, we saw a lot of...
I am a little surprised there's not a current thread about the status of the euro or any transnational currency union in the wake of uncertainty first in Greece and now in Ireland.
Here's a pessimistic view of the situation in Ireland...
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