Topic: PIIGS

In May 2010, the Eurozone crisis began with turmoil in Greece. In spring 2012, new turmoil in Greece will frame the end-game of the Eurozone itself.    Read More

Federal Reserve assistance to shore up Europe's sagging banks may be good geo-politics but it is bad economics. Only abandoning the euro, not printing money and Teutonic austerity, will fix Europe's banks and economies.    Read More

The Eurozone’s policymakers are running behind warnings, and warnings are running behind the crisis. Big Bazooka 2, bailouts, printing money, and Eurobonds are only partial solutions to systemic problems and too little too late.    Read More

The euro crisis rumbles on.  Prime ministers are changing as a direct result of the currency’s troubles, although really what this illustrates is that the countries affected were already in a lot of economic trouble anyway; it’s just that their membership of the euro currency union speeded up the change in government.   Read More