Group items tagged europe - Financial Crisis and Geopolitics

"Captured Europe" by Simon Johnson | Project Syndicate - 0 views

www.project-syndicate.org/...captured-europe

Captured Europe by Simon Johnson | Project Syndicate

shared by thinkahol * on 20 Mar 12 - No Cached

thinkahol * on 20 Mar 12

The Greek default has turned out to be the proverbial dog that didn't bark. The lesson for Europe - and for the US - is clear: it is time to stop listening to what banks say, and start focusing on what they do. We must re-evaluate the distorted political economy of the financial sector, before the excessive power of the few imposes even larger costs on everyone else.

<div class="cArrow"> </div><div class="cContentInner">The Greek default has turned out to be the proverbial dog that didn't bark. The lesson for Europe - and for the US - is clear: it is time to stop listening to what banks say, and start focusing on what they do. We must re-evaluate the distorted political economy of the financial sector, before the excessive power of the few imposes even larger costs on everyone else.</div>

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Moving the Markets: Europe Looks to Break US Ratings Monopoly - 0 views

www.spiegel.de/...0,1518,699564,00.html

europe rating agencies

shared by Giorgio Bertini on 10 Jun 10 - Cached

Giorgio Bertini on 10 Jun 10

Few doubt that US ratings agencies contributed greatly to the global financial crisis. Europe is now worried that the euro could also fall victim to credit downgrades -- and is exploring the possibility of creating its own ratings agency.

<div class="cArrow"> </div><div class="cContentInner">Few doubt that US ratings agencies contributed greatly to the global financial crisis. Europe is now worried that the euro could also fall victim to credit downgrades -- and is exploring the possibility of creating its own ratings agency.</div>

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Europe Worried That Greek Crisis Is Poised to Spread - 0 views

www.nytimes.com/...28euro.html

crisis europe

shared by Giorgio Bertini on 29 Apr 10 - Cached

Giorgio Bertini on 29 Apr 10

As Greece inches closer to the brink of financial collapse, fear that the debt crisis will spread is engulfing Europe.

<div class="cArrow"> </div><div class="cContentInner">As Greece inches closer to the brink of financial collapse, fear that the debt crisis will spread is engulfing Europe.</div>

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A Trillion for Europe, With Doubts Attached - 0 views

www.nytimes.com/...12assess.html

europe debt crisis

shared by Giorgio Bertini on 11 May 10 - Cached

Giorgio Bertini on 11 May 10

Like the giant financial bailout announced by the United States in 2008, the sweeping rescue package announced by Europe eased fears of a market collapse but left a big question: will it work long term? And as details crystallized of the package's main component - a promise by the European Union's member states to back 440 billion euros, or $560 billion, in new loans to bail out European economies - the wisdom of solving a debt crisis by taking on more debt was challenged by some analysts.

<div class="cArrow"> </div><div class="cContentInner">Like the giant financial bailout announced by the United States in 2008, the sweeping rescue package announced by Europe eased fears of a market collapse but left a big question: will it work long term? And as details crystallized of the package's main component - a promise by the European Union's member states to back 440 billion euros, or $560 billion, in new loans to bail out European economies - the wisdom of solving a debt crisis by taking on more debt was challenged by some analysts.</div>

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Euro Rescue Bid: Punish the Markets for their Mistakes! - 0 views

www.spiegel.de/...0,1518,694089,00.html

euro crisis europe

shared by Giorgio Bertini on 11 May 10 - Cached

Giorgio Bertini on 11 May 10

Europe has put up 750 billion euros in an effort to stop speculation against the European common currency. Still, it remains to be seen if financial markets will learn their lesson. After all, speculators aren't even being punished for the damage they have caused. But they should be.

<div class="cArrow"> </div><div class="cContentInner">Europe has put up 750 billion euros in an effort to stop speculation against the European common currency. Still, it remains to be seen if financial markets will learn their lesson. After all, speculators aren't even being punished for the damage they have caused. But they should be.</div>

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Crisis Imperils Liberal Benefits Long Expected by Europeans - 0 views

www.nytimes.com/...23europe.html

europe crisis

shared by Giorgio Bertini on 23 May 10 - Cached

Giorgio Bertini on 23 May 10

Across Western Europe, the "lifestyle superpower," the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.

<div class="cArrow"> </div><div class="cContentInner">Across Western Europe, the "lifestyle superpower," the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.</div>

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Tighter Credit in Europe Tied to Turmoil in Stock Markets - 0 views

www.nytimes.com/...26markets.html

europe crisis

shared by Giorgio Bertini on 26 May 10 - Cached

Giorgio Bertini on 26 May 10

As fears grow that Europe could face a full-blown financial crisis, potentially damaging the economy in the United States, investors are abandoning risky bets in the financial markets and rushing for safety instead.

<div class="cArrow"> </div><div class="cContentInner">As fears grow that Europe could face a full-blown financial crisis, potentially damaging the economy in the United States, investors are abandoning risky bets in the financial markets and rushing for safety instead.</div>

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Europe is Revolting » Counterpunch: Tells the Facts, Names the Names - 0 views

www.counterpunch.org/...europe-is-revolting

Europe is Revolting » Counterpunch: Tells the Facts Names

shared by thinkahol * on 30 Sep 12 - No Cached

The Debt Crisis: Europe Shudders Over Greece Disaster - 0 views

www.spiegel.de/...0,1518,692019,00.html

crisis debt greece europe

shared by Giorgio Bertini on 29 Apr 10 - Cached

Giorgio Bertini on 29 Apr 10

Germany balked for weeks over a possible bailout for Athens. Now its delays are coming back to haunt it in the form of intense international criticism of Angela Merkel's crisis management.

<div class="cArrow"> </div><div class="cContentInner">Germany balked for weeks over a possible bailout for Athens. Now its delays are coming back to haunt it in the form of intense international criticism of Angela Merkel's crisis management.</div>

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As Greek Drama Plays Out, Where Is Europe? - 0 views

www.nytimes.com/...30europe.html

europe crisis imf greece

shared by Giorgio Bertini on 30 Apr 10 - Cached

Giorgio Bertini on 30 Apr 10

With new European Union leaders practically invisible and some national leaders acting largely for domestic political reasons, the burden of shaping a rapid and credible restructuring program for Greece has fallen primarily to the International Monetary Fund - exactly where proud European Union leaders had insisted it should not be.

<div class="cArrow"> </div><div class="cContentInner">With new European Union leaders practically invisible and some national leaders acting largely for domestic political reasons, the burden of shaping a rapid and credible restructuring program for Greece has fallen primarily to the International Monetary Fund - exactly where proud European Union leaders had insisted it should not be.</div>

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Europe's Debt Woes Start to Complicate China's Money Moves - 0 views

www.nytimes.com/...30yuan.html

china europe crisis money

shared by Giorgio Bertini on 30 Apr 10 - Cached

Giorgio Bertini on 30 Apr 10

Spreading problems in Europe's sovereign debt markets pose potential challenges for China, which has been stepping up its investments in European government bonds and relies on Europe as its biggest export market.

<div class="cArrow"> </div><div class="cContentInner">Spreading problems in Europe's sovereign debt markets pose potential challenges for China, which has been stepping up its investments in European government bonds and relies on Europe as its biggest export market.</div>

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The Next Global Problem: Portugal - 0 views

economix.blogs.nytimes.com/...e-next-global-problem-portugal

financial crisis Europe Portugal

shared by Giorgio Bertini on 29 Apr 10 - Cached

Giorgio Bertini on 29 Apr 10

Europe will eventually grow tired of bailing out its weaker countries. The Germans will probably pull that plug first. The longer we wait to see fiscal probity established, at the European Central Bank and the European Union, and within each nation, the more debt will be built up, and the more dangerous the situation will get. When the plug is finally pulled, at least one nation will end up in a painful default; unfortunately, the way we are heading, the problems could be even more widespread.

<div class="cArrow"> </div><div class="cContentInner">Europe will eventually grow tired of bailing out its weaker countries. The Germans will probably pull that plug first. The longer we wait to see fiscal probity established, at the European Central Bank and the European Union, and within each nation, the more debt will be built up, and the more dangerous the situation will get. When the plug is finally pulled, at least one nation will end up in a painful default; unfortunately, the way we are heading, the problems could be even more widespread.</div>

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Greek Debt Woes Ripple Outward, From Asia to U.S. - 0 views

www.nytimes.com/...09ripple.html

greek debt crisis europe euro

shared by Giorgio Bertini on 09 May 10 - Cached

Giorgio Bertini on 09 May 10

The fear that began in Athens, raced through Europe, and finally shook the stock market in the United States is now affecting the broader global economy, from the ability of Asian corporations to raise money to the outlook for money-market funds where American savers park their cash.

<div class="cArrow"> </div><div class="cContentInner">The fear that began in Athens, raced through Europe, and finally shook the stock market in the United States is now affecting the broader global economy, from the ability of Asian corporations to raise money to the outlook for money-market funds where American savers park their cash.</div>

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Europe's Debt Crisis Is Casting a Shadow Over China - 0 views

www.nytimes.com/...18yuan.html

china europe crisis

shared by Giorgio Bertini on 17 May 10 - Cached

Giorgio Bertini on 17 May 10

The pain of the European debt crisis is spreading, with the plummeting euro making Chinese companies less competitive in Europe, their largest market, and complicating any move to break the Chinese currency's peg to the dollar.

<div class="cArrow"> </div><div class="cContentInner">The pain of the European debt crisis is spreading, with the plummeting euro making Chinese companies less competitive in Europe, their largest market, and complicating any move to break the Chinese currency's peg to the dollar.</div>

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European Central Bank President Jean-Claude Trichet: A 'Quantum Leap' in Governance of ... - 0 views

www.spiegel.de/...0,1518,694960,00.html

european bank central

shared by Giorgio Bertini on 17 May 10 - Cached

Giorgio Bertini on 17 May 10

In a SPIEGEL interview, Jean-Claude Trichet, the 67-year-old president of the European Central Bank, discusses the largest financial rescue package in the history of Europe, the role and importance of speculators in the euro crisis and the weakness shown by politicians in the euro zone member states.

<div class="cArrow"> </div><div class="cContentInner">In a SPIEGEL interview, Jean-Claude Trichet, the 67-year-old president of the European Central Bank, discusses the largest financial rescue package in the history of Europe, the role and importance of speculators in the euro crisis and the weakness shown by politicians in the euro zone member states.</div>

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Geithner Tries to Calm Nerves Over Europe's Uncertain Fate - 0 views

www.nytimes.com/...17euro.html

geithner crisis europe

shared by Giorgio Bertini on 17 May 10 - Cached

Giorgio Bertini on 17 May 10

Political leaders and central bankers on both sides of the Atlantic struggled over the weekend to persuade jittery investors that Europe would pull through its sovereign debt crisis, saying that it would be helped by a stronger-than-expected economic recovery in the United States.

<div class="cArrow"> </div><div class="cContentInner">Political leaders and central bankers on both sides of the Atlantic struggled over the weekend to persuade jittery investors that Europe would pull through its sovereign debt crisis, saying that it would be helped by a stronger-than-expected economic recovery in the United States.</div>

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Fighting (for?) Europe: How European Elites Lost a Generation « Learning Poli... - 0 views

learningpoliticaleconomy.wordpress.com/...opean-elites-lost-a-generation

crisis euro europe neoliberalism

shared by Giorgio Bertini on 23 Jun 11 - No Cached

Giorgio Bertini on 23 Jun 11

The European Union is in bad shape. Not only is the common currency in a shambles and the economies of many member states moribund, but young Europeans no longer see how the EU helps them. Millions of them are taking to the streets to demand a future.

<div class="cArrow"> </div><div class="cContentInner">The European Union is in bad shape. Not only is the common currency in a shambles and the economies of many member states moribund, but young Europeans no longer see how the EU helps them. Millions of them are taking to the streets to demand a future.</div>

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Europe on a Chinese shoestring - Opinion - Al Jazeera English - 0 views

www.aljazeera.com/...201112101404444367.html

Europe on a Chinese shoestring - Opinion Al Jazeera English

shared by thinkahol * on 14 Dec 11 - No Cached

The Failure Club: Our Leaders Are Responsible for Europe's Crisis - 0 views

www.spiegel.de/...0,1518,698343,00.html

europe crisis

shared by Giorgio Bertini on 02 Jun 10 - Cached

Giorgio Bertini on 02 Jun 10

It was neither tax evaders in Greece nor hedge funds that caused Europe's existential crisis -- political leaders in the euro zone share a great deal of the responsibility. They have been either unwilling or incapable of doing their jobs.

<div class="cArrow"> </div><div class="cContentInner">It was neither tax evaders in Greece nor hedge funds that caused Europe's existential crisis -- political leaders in the euro zone share a great deal of the responsibility. They have been either unwilling or incapable of doing their jobs.</div>

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Explaining Europe's Debt Crisis - Video - 0 views

video.nytimes.com/...ning-europe-s-debt-crisis.html

europe crisis debt euro greece

shared by Giorgio Bertini on 28 May 10 - Cached

Giorgio Bertini on 28 May 10

As fear continues to spread over the impact of the Greek debt crisis, more people are questioning how such a small country could impact markets around the world.

<div class="cArrow"> </div><div class="cContentInner">As fear continues to spread over the impact of the Greek debt crisis, more people are questioning how such a small country could impact markets around the world.</div>

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Group items tagged

"Captured Europe" by Simon Johnson | Project Syndicate - 0 views

Moving the Markets: Europe Looks to Break US Ratings Monopoly - 0 views

Europe Worried That Greek Crisis Is Poised to Spread - 0 views

A Trillion for Europe, With Doubts Attached - 0 views

Euro Rescue Bid: Punish the Markets for their Mistakes! - 0 views

Crisis Imperils Liberal Benefits Long Expected by Europeans - 0 views

Tighter Credit in Europe Tied to Turmoil in Stock Markets - 0 views

Europe is Revolting » Counterpunch: Tells the Facts, Names the Names - 0 views

The Debt Crisis: Europe Shudders Over Greece Disaster - 0 views

As Greek Drama Plays Out, Where Is Europe? - 0 views

Europe's Debt Woes Start to Complicate China's Money Moves - 0 views

The Next Global Problem: Portugal - 0 views

Greek Debt Woes Ripple Outward, From Asia to U.S. - 0 views

Europe's Debt Crisis Is Casting a Shadow Over China - 0 views

European Central Bank President Jean-Claude Trichet: A 'Quantum Leap' in Governance of ... - 0 views

Geithner Tries to Calm Nerves Over Europe's Uncertain Fate - 0 views

Fighting (for?) Europe: How European Elites Lost a Generation « Learning Poli... - 0 views

Europe on a Chinese shoestring - Opinion - Al Jazeera English - 0 views

The Failure Club: Our Leaders Are Responsible for Europe's Crisis - 0 views

Explaining Europe's Debt Crisis - Video - 0 views

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