Greece

The slum solution to housing crisis in Argentina "Without space to accommodate new housing in its intricate corridors and dirt roads, the shanty towns of Buenos Aires have grown upwards." TweetDeck Desktop…

The crucifixion of Latvia - Ambrose Evans-Pritchard, Telegraph"Contrary to revisionist talk, Argentina was not a basket case. Its imbalances were no worse than those of the Baltics, Balkans, Spain, or Greece, and arguably better. It ran…

Swine flu vaccine won't be ready for next wave - health - New Scientist "A VACCINE against the Mexican swine flu sweeping the world is likely to arrive too late for most people, vaccine officials told New Scientist between a flurry of…

This video does not mention Austria by name, focusing instead on Ireland, Spain and Greece, but Austria is more of the problem for the Germans as they are leveraged to Eastern Europe. German Finance Minister Peer Steinbrueck became the…

Now that I have burnished my bullish bona fides with two posts from the optimistic viewpoint, I want to share with you an analysis from John Mauldin that is much closer to the truth regarding where the global economy is headed, what type of…

UPDATE: 12 Jan 2010: I am re-publishing this for the third time because of the situation at AIG. The question that Tim Iacono asked on his site a year ago in the post "Why aren't Americans rioting?" is based on an article from Alternet.…

When the euro was introduced about ten years ago, the pessimists didn't give it much chance of reaching its tenth anniversary. The euro, or so the argument went, was doomed from the outset because of the wide spread in economic performance…

As this deepest of recessions takes hold, an increasing number of countries are seeing outbreaks of civil unrest. First it was Greece. Later, we saw unrest in the Baltics in Riga and Vilnius. Now, Iceland is experiencing the same. These…

I am skeptical as to the economic benefits of the Eurozone. In my view, the Euro has always been more of a political construct than an economic one. Nevertheless, the Euro has functioned quite well as a leading international currency in the…

With the economy weakening significantly around the globe, the budgets of sovereign nations are coming under increased pressure. As a result S&P has put a number of countries under review for potential credit downgrades. However, now,…