The Fraudsters are back
Analysis of the Greek crisis directly leads to Anglo-American Ponzi-schemes by Ralph T. Niemeyer Neither the Greek state, nor the Greek banks can…
capitalism
“The Reich vanished, the Rich remained”
by Ralph T. Niemeyer Closer scrutiny of the US’ National Income and Productivity (NIPA) tables as well as the Savings Rate prove that…
Socialism crippled by Centralisation, Capitalism by Concentration
by Ralph T. Niemeyer No alternative to capitalism has ever worked – so far. Socialism got crippled by centralisation, corruption and nepotism, capitalism by…
Winding up ailing banks: timewasting
by Linda Sommerschütt Parliament’s negotiators on the proposed single resolution mechanism for ailing banks won its support on Thursday for the line…
too big to jail?!
Judges imposing their countries’ maximum penalties for serious offences such as manipulating the LIBOR benchmark interest rate would have to stipulate at least four…
Spanish finance minister pitches a “country on the mend” scenario to MEPs
by Linda Sommerschütt Spain’s finance minister Luis De Guindos painted a bright picture of Spain’s economic progress in the Economic and…
Underlying the economic model is a deeper rooted contradiction
by Ralph T. Niemeyer In 2011 ECONFIN decided to have the Euro-zone taxpayers continue to “rescue” Greece, although the majority of citizens…
Pest or Cholera? Crash or Hyper-Inflation?
EU Economic & Currency Affairs Commissioner Rehn by Ralph T. Niemeyer The Eurogroup finance ministers are evidently completely in the hands of private…
Germany looses momentum
German Chancellor Angela Merkel (left) with President José Manuel Barroso by Ralph T. Niemeyer For quite a while Germany appeared to stand tall…
Economic governance: pressing need for legitimacy and social dimension
by Raulano Nagao MEPs and national parliamentarians concluded their conference on economic governance on Wednesday by calling for much better dialogue, ownership and…