Ashoka Mody: Greek bonds now yield less than Treasurys, and that’s as irrational as it was in 2007

It seems a puzzle why, at its March 7 meeting, the European Central Bank indulged in sedate tinkering despite the mounting risk of a damaging eurozone recession. The puzzle has a simple answer. The ECB […]

Here the second part of Bill Mitchell’s Blog Read here  

The EU can exist very well with fascism. Fascism is the optimal form of neo-liberalism. In the current crisis of liberal democracy, and its decreasing ability to control democracy in the interest of transnational corporations. […]