Mody’s analysis is not new, but cannot be repeated often enough. The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their citizens.
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EU politics
Labour Heartlands: EU Parliament picks Guy Verhofstadt for ‘New President’ role to set the future of the EU
An absolutely fascinating article. Not to be overseen, besides the ultra-neoliberal, anti-democrat Verhofstadt all the EU politician named for future prominent roles are German (Yes, David McAllister is also a failed German politician in need […]
Austerity
Marshall Auerback: If the Euro Cracks—Blame Germany, Not the Italians
The drive for German industrial hegemony is in its overreach stage and risks blowing up the currency union. Read here
EU politics
Costas Lapavitsas: Greece’s Long Road Ahead
Leaving the disastrous, but expected, election results, Costas Lapavitsas. What future does a disgraced Left in Greece have? Read here
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