Politics

The enduring global crisis is giving rise to fears that economic hard times will feed political extremism, as it did in the 1930s. This column suggests that the danger of political polarisation and extremism is greatest in countries with…

The financial plan is basically an asset grab. They want to load the whole economy down with debt. A consumer will come in and say, I’d like to take out a loan. They’ll say, how much do you earn? Everything over subsistence they’ll want as…

Consider the statements by the UK leadership that the UK has "run out of money." Does anyone think that the UK financial leaders believe that statement? If Germany declared war on the UK tomorrow would the UK surrender because it had "run…

By Edward Hugh It’s been a long time now since Paul Krugman spoke of the Ukraine economy epitomising the arrival of what he then termed the “second great depression“, and its been an even longer long time since we lay awake at night…

The official creditors won the battle. Greece will be given the money so that they can service their debts. They will have an EC task force embedded into Greece to push for compliance and the escrow-like account ensures a priority to debt…

by Frank Li and Derryl Hermanutz, Guest Authors from Global Economic Intersection This is the fifth article of the series: “Towards An Ideal Form of Government”. In my 1/20/2012 post (Democracy and Communism: Are They Really the…

My takeaway here is that people are desperate and they are willing to support any party that has a solution to their economic plight, irrespective of whether that party is considered extreme.

There is plenty of room for policy error. The reasons to fear a Lehman-like event still seem compelling. European officials suggest the problem is the lack of implementation of reform and growth measures in Greece. No doubt there is an…

Anti-Euro MP Nigel Farage says the troika's economic policy in Greece is moving that country toward a violent revolution.

Despite the Greek parliament's approval of austerity measures, there is still considerable uncertainty in the Greek situation. This post outlines many of the issues still up in the air.