Recession does not fold in Europe. Particularly, unemployment in the Euro Zone set a new historic record again after reaching 11.1%. Evidence of the profound deterioration added to extra-zone pressure, …
Read More »Geopolitics
European Frogs
The first political corollary of the financial crisis is the emergence of negative majorities, meaning the advance of extremes over the center. Meanwhile, leaders at the center of the system …
Read More »Global crisis: adjustment or transformation
‘Adjustment’ is associated to a socioeconomic policy that faces crisis by focusing on public expenditure and public and private over-indebtedness reduction. Leveling public accounts would reinstate ´normal’ economic functioning, although …
Read More »The European crisis in perspective
Instead of solving its crisis, the European Union postpones and prolongs it. This state of irresolution suggests a more serious and profound evil: the loss, perhaps final, of historic vitality. …
Read More »Europe: Keynes buried due to fiscal adjustment and austerity
After the first two months of 2012, it becomes relevant to reflect upon the performance of the global economy and to present some forecasts for the current year. In USA, …
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