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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Sunday, July 05, 2015

Independence Day for Greece / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

I hardly ever go out in the morning, the first 7-8 hours of every single day are taken up by reading and writing. But today I did, to feel the mood in the city. Not sure I got it, though. Everything’s quiet. It may not help that I’m staying smack in the middle of the Acropolis tourist area (still haven’t figured out why 90% of them are American). 

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Politics

Sunday, July 05, 2015

United States Celebrates the Disastrous Secession From Great Britain / Politics / US Politics

By: Gary_North

Remnant Review

Lots of people celebrate July 4. I do not.

The Declaration of Independence justified armed secession. It was signed by a handful of lawyers on July 4, 1776. Secession was a way of transferring a great deal of power to colonial legislatures, where most of these lawyers were members. It was a way of replacing governors appointed by the King with governors elected by men of the colonies.

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Politics

Sunday, July 05, 2015

Why is Turkey Taking in so Many Syrian refugees? / Politics / Turkey

By: Atlantic_Perspective

The UN can´t stop praising the Turkish government for hosting around 2 million Syrians. The Turks have indeed been generous, more than any other country in the region. Actually, too generous. Why is Ankara so keen to help the Syrians fleeing into Turkey?

This “generosity” is actually not that generous. The Turkish government has strong reasons to want the Syrians in.

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Politics

Sunday, July 05, 2015

A Serious Case of Déjà vu / Politics / Credit Crisis 2015

By: Andy_Sutton

Everyone is going to have to cut me a little slack on the eve of the celebration of American independence. No, this isn’t about that video that came out a few days ago that demonstrated exactly how ignorant Americans are about the significance of tomorrow or how the accomplishment that day has been eroded over the past 2+ centuries by those eager to ‘re-create’ America in their own twisted image. This one is a companion piece to a series of ‘Two Cents’ articles that have been released over the past few years relating to the bail-in. I know, I know. He’s at it again. The Pessimist of Pennsylvania is going to go on another rant about those rotten banks and how they’re conspiring to rip everyone off.

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Politics

Saturday, July 04, 2015

Will Greece Commit Suicide? Syriza Propaganda and Greek Mass Delusion / Politics / Eurozone Debt Crisis

By: Nadeem_Walayat

The countdown to Sunday's Greek gobbledygook question Referendum that few understand is resulting in ever increasing intensity of propaganda that flows from the game playing marxist Syria government that long since left reality behind as the lies of what the crisis is all about keep compounding so as to convince an increasingly delusional Greek electorate that they are the victims of an evil Troika when the truth is the exact opposite. Firstly, the Greek crisis is NOT about debt! For if it were then Greece would have gone bankrupt 5 years ago!

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Politics

Friday, July 03, 2015

The Troika Turns Europe Into A Warzone / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

So now they do it. Now the IMF comes out with a report that says Greece needs hefty debt restructuring.

Mind you, their numbers are still way off the mark, in the end it’s going to be easily double what they claim. Not even a Yanis Varoufakis haircut will do the trick.

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Politics

Friday, July 03, 2015

Xi’s Anti-Corruption Campaign Is Key to China’s Prospects / Politics / China

By: John_Mauldin

George Magnus is one of the most influential economists in the world today. From his position as chief economist at UBS for a number of years, he enjoyed a front-row seat to growth miracles, credit booms, and financial crises in major economies around the world and is widely credited with identifying the trigger points that eventually led to the global financial crisis in 2008.

Today, he works as an associate at Oxford University’s China Center, a senior economic adviser at UBS, and an independent economic consultant to governments and private investors who can afford his limited time.

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Politics

Friday, July 03, 2015

Greece Bank Run - “It Could Never Happen Here” / Politics / Credit Crisis 2015

By: Casey_Research

By Jared Dillian

I was watching the 6 o’clock news and saw images of closed banks in Greece and people lined up at ATMs. I’m sure you did, too.

This must seem surreal to most people because it seems so remote. But put yourself in these people’s shoes for a second. You have money in the bank. Suddenly you can’t get to it. After standing in long lines, you can only get 60 euros at a time, which isn’t going to last you very long.

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Politics

Friday, July 03, 2015

It Takes A Village - Avoid Hungry Dragons! / Politics / Social Issues

By: DeviantInvestor

This is a short story.  It has a purpose.  Bear with me.

A long time ago and far, far away there was a village that was occasionally raided by outlaws who took food, jewels, and women.  The villagers were understandably angry but could do little to protect themselves.

One day a large and fearsome dragon landed in the village square.  After negotiating with the Mayor, the dragon agreed to protect the village in return for food.

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Politics

Thursday, July 02, 2015

Varoufakis´ Game Theory Mistake, and Why he was Wrong / Politics / Eurozone Debt Crisis

By: Atlantic_Perspective

The Greek finance minister is supposed to be a master in the Game Theory. But like all other theories, the Game Theory is based on assumptions. And Varoufakis got his assumptions wrong. In this short article we explain why.

The whole Greek strategy has been based on the assumption that “if we default, Europe is screwed”. Is it? No.

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Politics

Thursday, July 02, 2015

Greece's Varoufakis: I will Resign if there's a 'Yes' Vote / Politics / Eurozone Debt Crisis

By: Bloomberg

Greek Finance Minister Yanis Varoufakis told Bloomberg Television's Guy Johnson that he'll quit if Greece votes to accept creditors' bailout proposals in Sunday's referendum.

Johnson directly asked him "If there's a yes vote come Monday night, you will not be Finance Minister" and Varaufakis responded: "I will not."

Varoufakis also said that he would "prefer to cut my arm off" than sign a deal that fails to restructure Greece's debt.

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Politics

Thursday, July 02, 2015

The Power of Ideas for the Fiat Age / Politics / Fiat Currency

By: Tom_Naysburn

In every aspect of daily life people are searching for the best arguments; where to buy the cheapest and best quality washing powder, or internet provider, or car insurance or gym membership or whatever. The list of possibilities is infinite. People also like to acquire the best arguments, covet them and use them for personal gain, mostly without the consent of the owner. This is merely human nature, as the desire for intelligence sets us apart from the animals. If you don't believe me just consider the billions spent worldwide by intelligence agencies of various countries to obtain the arguments that others do not have.

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Politics

Thursday, July 02, 2015

Greece's Referendum / Politics / Eurozone Debt Crisis

By: Alasdair_Macleod

This coming Sunday Greece will hold its referendum. The question to be asked is not, as the foreign press initially reported it, about leaving the euro. It is about accepting or rejecting the troika's bail-out terms.

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Politics

Thursday, July 02, 2015

Greek Marxists vs. the IMF / Politics / Eurozone Debt Crisis

By: Steve_H_Hanke

With the failure of the Greek government to make a scheduled payment to the International Monetary Fund (IMF), we have moved from high drama to low farce. The Marxists who are running the show in Athens have scored a first: Greece is the first so-called advanced economy to miss an IMF payment in the Fund's 71-year history.

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Politics

Thursday, July 02, 2015

The Greek Stress Test & The Reality Of Incremental Changes / Politics / Eurozone Debt Crisis

By: Dan_Amerman

With the Greek banks closing, capital controls being imposed, and the unwillingness of the European Central Bank to expand its emergency liquidity assistance program - the stability of the global financial system is officially in play. Nothing is set in stone yet, but a looming Greek default and potential economic catastrophe in Greece is setting elements into motion on a global basis that have the ability to impact many things.

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Politics

Wednesday, July 01, 2015

Greek Referendum on IMF Ultimatum / Politics / Eurozone Debt Crisis

By: BATR

This is a test. Will the internationalist banksters force extraction of their ill-gotten interest payments to bail out their reckless derivative trades gone wrong, or will a sovereign country abandon the chains of financial elite coercion and renounce their IMF and ECB debt? Make no mistake about it, Greece has lived high on the hog for decades and has serious internal problems. There is no free ride. However, the pain from the coming default is necessary to shed the yoke of a failed European Union construct.

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Politics

Wednesday, July 01, 2015

Definitive Solution to the Greek Crisis / Politics / Eurozone Debt Crisis

By: Submissions

Atlantic Perspective writes: Most of the commentary on the Greek situation has focused on whether Greece should leave or stay in the Eurozone, and the dire consequences for Greece and the world´s financial markets should Greece default.

But has anyone come up with a credible solution? We believe we have one.

Before laying down the proposal, we need to check a few critical facts:

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Politics

Wednesday, July 01, 2015

Europe’s Controlled Demolition / Politics / Euro-Zone

By: Raul_I_Meijer

I have plenty to say on the topic of this essay. But the most important thing I think is that I know the EU is blowing up itself by trying to exert far too much influence on the very member nations that made its existence possible. Brussels is a blind city. To see it blowing itself to smithereens makes me very happy.

The flipside is that it will take a lot of pain, and probably even the very wars the EU was originally founded to prevent, to figuratively burn it to the ground. But that, if you’ll alow me, is for another day:

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Politics

Wednesday, July 01, 2015

Athens Mayor: Greek Government Should Resign / Politics / Eurozone Debt Crisis

By: Bloomberg

Athens Mayor George Kaminis spoke with Bloomberg Television's Erik Schatzker who is reporting from Athens. He discussed the Greek debt crisis and the likelihood of the country staying in the euro zone.

On the Greek government, Mayor Kaminis said: "I think they should resign...The government, if it loses this vote -- that means it has lost the confidence of the people, and I think they will understand it. So I think that the more natural development will be to have elections, general elections."

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Politics

Tuesday, June 30, 2015

Beyond the Greek Impasse / Politics / Eurozone Debt Crisis

By: STRATFOR

George Friedman writes: The Greek situation — having perhaps outlived the term "crisis," now that it has taken so long to unfold — appears to have finally reached its terminal point. This is, of course, an illusion: It has been at its terminal point for a long time.

The terminal point is the juncture where neither the Greeks nor the Germans can make any more concessions. In Greece itself, the terminal point is long past. Unemployment is at 26 percent, and more than 50 percent of youths under 25 are unemployed. Slashed wages, particularly in the state sector, affecting professions including physicians and engineers, have led to massive underemployment. Meanwhile, most new economic activity is occurring in the untaxable illegal markets. The Greeks owe money to EU institutions and the International Monetary Fund, all of which acquired bad Greek debts from banks that initially lent funds to Greece in order to stabilize its banking sector. No one ever really thought the Greeks could pay back these loans.

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