“A brief reflection on the latest crisis that is about to engulf the Eurozone. I am referring to the announcement by the Italian government that it will target a fiscal deficit of 2.4 per cent of GDP. The elites are up in arms. I hope that Italy holds its nerve.”
Another Europe isn’t impossible, but it won’t come about until the EU has collapsed under the weight of its own contradictions. Until then, a socialist government trying to deliver a radical agenda from within the […]
An interesting analysis of inequality in Eastern European nations. Read here
Inside the Eurozone the creditors have too much power, because they can threaten to cut off money to a member’s banking system or throw you out of the club. The Eurozone has not learnt this […]
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