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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, July 13, 2015

Syriza Breathtaking Political Capitulation; Tsipras Should Resign / Politics / Eurozone Debt Crisis

By: Mike_Shedlock

Shockingly Stupid Sequence of Events

I am seldom stunned by political stupidity. In fact, I am surprised when I don't see it.

Yet, I have never witnessed a political reversal so shockingly stupid as we saw tonight from Greek Prime minister Alexis Tsipras.

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Politics

Monday, July 13, 2015

The Troika And The Five Families / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

Personally, like most of you, I always thought Germany, besides all its other talents, good or bad, was a nation of solid calculus and accounting. Gründlichkeit. And that they knew a thing or two about psychology. But I stand corrected.

The Germans just made their biggest mistake in a long time (how about some 75 years) over the weekend. Now, when all you have to bring to a conversation slash negotiation is bullying and strong arming and brute force, that should perhaps not be overly surprising. But it’s a behemoth failure all by itself regardless.

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Politics

Monday, July 13, 2015

Greece Today, America Tomorrow? / Politics / US Politics

By: Dr_Ron_Paul

The drama over Greece's financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new "austerity" measures. The deal will allow all sides to brag about how they came together to save the Greek economy and the European Monetary Union. However, this deal is merely a Band-Aid, not a permanent fix to Greece's problems. So another crisis is inevitable.

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Politics

Sunday, July 12, 2015

Greece’s Biggest Problem Is Its Anti-Capitalist Culture / Politics / Euro-Zone

By: MISES

Russell Lamberti writes: It’s considered politically incorrect to criticize culture these days, but whether using euros or drachmas, in or out of the European Union, Greece really has to, somehow, sort out its cultural dysfunction. I’m not talking about its customs, traditions, architecture or music, and I’m definitely not talking about its food. I’m talking about its cultural anti-capitalism. The negotiations, deals, counter-deals, referenda, protests and everything in between all mean very little if Greeks, by and large, don’t ditch their statist zeitgeist and rediscover Greek capitalistic exceptionalism.

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Politics

Sunday, July 12, 2015

Greece, EU and the Tower of Babel / Politics / Eurozone Debt Crisis

By: Submissions

Athanasios Laspopoulos writes: I remember when I was at school, many years ago, that a course was developed
for the Tower of Babel and a sketch showing a huge Tower building from thousands
of people. As I remember the Tower was building by many countries and different
peoples in order to reach heaven and God. This project because of the
multilingualism and misunderstanding was abandoned. This was the model on
which the EU was based on??  Because as I can see in pictures and the model
the EU is made of, are almost the same. And the funny thing is that in EU
there are multiple states, multiple languages and a relative disconnection
between the members just as it was happening at the Tower of Babel.

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Politics

Sunday, July 12, 2015

Tsipras Invites Schäuble To Fall Into His Own Sword / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

Too many voices the past few days are all pointing the same way, and I’ve always thought that is never good. A guessing-based consensus, jumping to conclusions and all that. Look, it’s fine if you don’t have all the answers, no matter how nervous it makes you.

What I’m referring to in this instance is the overwhelming conviction that Greece and Tsipras have conceded, given in to the Troika, flown a white flag, you get the drift. But guys, the battle ain’t over yet.

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Politics

Sunday, July 12, 2015

Grexit: Montenegro, Ecuador or Bulgaria? / Politics / Eurozone Debt Crisis

By: Steve_H_Hanke

Could Greece adopt the dollar?

In truth, Bulgaria, not the greenback, is the better currency model after Grexit.

What if the eurozone shows Greece the door? There are claims that the creation of a new currency regime in Greece would be fraught with problems. While the practical, technical problems would be relatively small, the political problems could be daunting.

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Politics

Sunday, July 12, 2015

"Guerrilla Warfare Against a Hegemonic Power": The Challenge and Promise of Greece / Politics / Eurozone Debt Crisis

By: Ellen_Brown

Banks create money when they make loans. Greece could restore the liquidity desperately needed by its banks and its economy by nationalizing the banks and issuing digital loans backed by government guarantees to its ailing businesses. Greece could provide an inspiring model of sustainable prosperity for the world. But it is being strangled by a hegemonic power in a financial war that is being waged against us all.  

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Politics

Saturday, July 11, 2015

Syriza Cruel Hoax on Greek People, Led Like Sheep to Economic Collapse Slaughter House / Politics / Eurozone Debt Crisis

By: Nadeem_Walayat

Syriza presents bailout proposals worse than Greece rejected at the 5th July referendum. The Syriza game theory players 6 month long intensifying black mail of the euro-zone that culminated in the NO referendum to the previous bailout package from the 'evil Troika', who according to Syriza were financial terrorists hell bent on the destruction of Greece, to which end only Syriza were the Greek people's saviors who would prevail with no austerity over the evil Troika.

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Politics

Friday, July 10, 2015

Greece Crisis - Someone Pull The Plug or This Will End in War / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

I was going to write up on the uselessness of Angela Merkel, given that she said on this week that “giving in to Greece could ‘blow apart’ the euro”, and it’s the 180º other way around; it’s the consistent refusal to allow any leniency towards the Greeks that is blowing the currency union to smithereens.

Merkel’s been such an abject failure, the fullblown lack of leadership, the addiction to her right wing backbenchers, no opinion that seems to be remotely her own. But I don’t think the topic by itself makes much sense anymore for an article. It’s high time to take a step back and oversee the entire failing euro and EU system.

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Politics

Friday, July 10, 2015

Forget about Reaching a Deal with Greece, Europe Needs a deal with... Europe! / Politics / Eurozone Debt Crisis

By: Atlantic_Perspective

Mathematically speaking, Greece needs debt relief. There´s no other option. The country can´t pay back its debts. But there is a nasty “but” in this statement...
If Europe lets Greece off the hook, then all the other “emerging Greeces” of the UE will want the same. Far-left governments would start winning elections all over the place, starting with Portugal and Spain - just a few months away from electing a new government. And that would be the end of the European Union.

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Politics

Wednesday, July 08, 2015

Greece Humanitarian Appeal - Automatic Earth Fund for Athens Makes First Donation / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

Found myself talking to very lovely and very young Melanie from Ottawa, on a solo world tour, last evening in a bar in the Plaka district of Athens. And as I was telling her about what I do, and why, I noticed it was very hard to explain to her what exactly is happening to the Greek health care system.

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Politics

Wednesday, July 08, 2015

Europe has a Financial Nuclear Option that Nullifies the Greek Blackmail / Politics / Eurozone Debt Crisis

By: Atlantic_Perspective

Since the Syriza government took power a few months ago, Alexis Tsipras backed (or controlled) by Varoufakis, assumed a defiant position based on the assumption that “We owe Europe so much money that we´ve got you on our hands. If you (Europe) want to see some of that money back, we determine the rules”.

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Politics

Wednesday, July 08, 2015

Budget 2015 - Child Tax Credits to Be CUT, Payments Limited to 2 Children / Politics / UK Tax & Budget

By: Nadeem_Walayat

The newly elected Conservative government is finally about to take grip of Labours benefits culture voter bribes Working and Child Tax Credits black hole that has grown far beyond its initial budget of £2 billion to today's annual monster of £30 billion, that also plays a large part in Britain's immigration crisis as being one of the primary reasons well over one hundred thousand families annually relocate from Eastern Europe to the UK to profit from low paid jobs coupled with generous in work benefits such as tax credits and housing benefit that results in doubling or even tripling of family incomes that typically approaches TEN times similar family incomes of right across Eastern Europe.

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Politics

Tuesday, July 07, 2015

The Greek Vote and the EU Miscalculation / Politics / Eurozone Debt Crisis

By: STRATFOR

By George Friedman : In a result that should surprise no one, the Greeks voted to reject European demands for additional austerity measures as the price for providing funds to allow Greek banks to operate. There are three reasons this should have been no surprise. First, the ruling Coalition of the Radical Left, or Syriza party, is ruling because it has an understanding of the Greek mood. Second, the constant scorn and contempt that the European leadership heaped on the prime minister and finance minister convinced the Greeks not only that the scorn was meant for them as well but also that anyone so despised by the European leadership wasn't all bad. Finally, and most important, the European leadership put the Greek voters in a position in which they had nothing to lose. The Greeks were left to choose between two forms of devastation — one that was immediate but possible to recover from, and one that was a longer-term strangulation with no exit.

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Politics

Tuesday, July 07, 2015

Is Saudi Arabia Leaving The U.S. Behind For Russia? / Politics / GeoPolitics

By: OilPrice_Com

The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction of energy prices.

But the real buzz at the conference was the unexpected but much publicized visit of the Saudi Deputy Crown Prince, as an emissary of the King. The Prince, who is also his country's Defense Minister, carried the royal message of a direct invitation to President Putin to visit the King, which was immediately accepted and reciprocated, with the Prince accepting on behalf of his father.

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Politics

Monday, July 06, 2015

Why the Greek “No” Vote Was a Good Thing / Politics / Social Issues

By: Investment_U

Alexander Green writes: Well, the Greeks voted “No,” yet markets didn’t crash and the world didn’t end. What should we worry about next?

I don’t mean to make light of the situation. But Greece’s vote to reject the bailout terms of the European and International Monetary Union - and potentially abandon the euro - is actually a plus for world equity markets.

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Politics

Monday, July 06, 2015

Greece and Puerto Rico: Previews of Coming Attractions / Politics / Eurozone Debt Crisis

By: Michael_Pento

Governor Alejandro García Padilla of Puerto Rico said this week he does not think the Commonwealth will be able to pay back the $73 billion in debt owed to bondholders. I find this rare bit of honesty totally refreshing. For the past three years some had speculated about the possibility of a Puerto Rican default, but most believed it to be a farfetched notion. Now the question of solvency is no longer in doubt: Puerto Rico is officially broke and is unable to pay all of its debt obligations.

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Politics

Monday, July 06, 2015

With Yanis Gone, Now Troika Heads Must Roll / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

Now that Yanis Varoufakis has resigned, in the kind of unique fashion and timing that shows us who the real men are, it’s time to clear the other side of the table as well. The new finance minister, Euclid Tsakalotos, should not have to face the same faces that led to Europe’s painful defeat in yesterday’s Greek referendum.

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Politics

Monday, July 06, 2015

The Greek Mouse That Roared "OXI". What is the lesson? / Politics / Social Issues

By: Michael_T_Bucci

It is the so-called Arab Spring in 2011 that came to mind when I watched the results of the Greece referendum July 5. I vividly recalled the so-called pro-democracy movement in Cairo to oust corrupt dictator President Hosni Mubarak; the steaming multitude huddled in Tahrir Square stoically waiting for his resignation; the subtle reminder to Mubarak by President Obama "to leave". The "Arab Spring" was hailed by all Western media at the time, and that alone was reason to question it.

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