european economic and monetary union

Status report on Europe’s slow re-birth (first, the current system must die)

Summary of another status report on the crisis of Europe.  Its leaders repeat their mistakes during the 1930s (raising taxes & cutting expenditures in response to economic weakness) while attempting to save the structurally flawed EMU.  Their mistakes only accelerate Europe’s dive towards a political singularity, when the current structure collapses — beyond which lies a new shape for …

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Europe’s leaders explain: “We don’t want elections. We want to govern.”

Summary:  Recent events in Europe reveal much about the nature of democracy in the West, showing our leaders’ contempt for us.  Europe is just America as seen in a mirror.  See the links at the end for more information. Europe is stunned.  The Greek prime minister wants to allow the people to vote on the euro rescue …

Europe’s leaders explain: “We don’t want elections. We want to govern.” Read More »

Europe’s rescue plan meets reality. Which will win?

Summary: The dream of the latest Euro-rescue plan lasted for one week. Already painful reality emerges to confront the bold but baseless claims of Europe’s leaders. Only with exceptional skill and determination can they make this work. Contents Greece introduces democracy into the rescue process Red lights on the dashboard The BRIC rescuers sound wary …

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Today Europe’s leaders took another step towards the edge of the cliff

Summary:  The conference of Europe’s leaders concluded with little results, a failure judged by the expectations they had set.  They don’t have time for many more such failures as conditions worsen, the financial contagion spreads across Europe, and their credibility diminishes.  Here we conduct a post-mortem on the Summit. Today the leaders of Europe concluded …

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We see the outlines of the next cure for Europe. Will it work?

Summary:  A brief look at the rumors about proposals coming out soon in Europe.   Somehow these plans have to be ready and pre-sold by the G-20 conference at Cannes on November 3-4.  This might be Europe’s last chance for an orderly solution.  Let’s hope they take it.  We can only guess how this will play out. Contents …

We see the outlines of the next cure for Europe. Will it work? Read More »

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