Social Democracy, the “Third Way,” and the Crisis of Europe, Part 1
The birth of the Third Way —a turn away from class-struggle politics and a compromise with neoliberaism—and how it shaped the Eurozone.
Read more...Category Archives: Europe
Deutsche Bank Unlikely to Get Much of a Break From the DoJ’s $14 Billion Mortgage Fine Target
Deutsche Bank isn’t likely to have much luck in trying to get a big break on a pending Department of Justice fine.
Read more...Berlin Election Outcome Signals Merkel’s Tenuous Grip on Chancellorship
Yves here. We’ve been saying for some time that Merkel’s hold on power was weakening. As this Real News Network video shows, the recent election results confirm this slippage. Notice that this interview fails to mention that the huge influx of refugees into Europe is the direct result of the US creating failed states in […]
Read more...Income Inequality in a Globalising World
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
Read more...Theresa May Outs Herself as Wall Street’s Poodle in Brexit Talks
It would be better if the latest Brexit news were a farce….
Read more...The City Will Decline—and We Will Be the Poorer for It
What might Brexit-induced losses to the City cost the UK economy?
Read more...John Helmer: Did Hillary Clinton Take Money From Russia Oligarch Oleg Deripaska for a Favor in the General Motors-Opel Deal?
The curious tale of a Russian’s oligarch’s donation to the Clinton Foundation and his failed attempt to make an acquisition from General Motors.
Read more...Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
Deutsche Bank’s $10Bn: the shell company back story
Read more...Death of TTIP: True? And What Should Follow?
European leaders last week conceded that the TTIP was in trouble. Nick Dearden of Global Justice Now discusses trade talks and what follows.
Read more...Revealed: ECB Secretly Hands Cash to Select Corporations
Is the ECB’s latest bond-buying program creating corporate winners and losers?
Read more...Eurozone Stability Under Threat of a ‘Bad Shock’
Remarkably, an increasing number of economists believe the Eurozone has addressed its weaknesses. Shades of the Great Moderation, circa 2006.
Read more...Brexit Delusion Rises Even Further: City Pumping for Presumptuous, Nightmarish-to-Negotiate “Swiss Plus” Plan
The Brexit fantasies get even bigger as the City pumps for a na ga happen “Swiss plus” plan.
Read more...Banks Pushing Back Against Negative Interest Rates With Threat to Store Cash
Banks are looking into holding more cash as central banks threaten to drive interest rates even further into negative terrain.
Read more...Brexit – A View from North of the Border
The result of the referendum seems to have little to do with the economic benefits or otherwise of EU membership. They seem to have been driven more by issues of sovereignty and a negative reaction to the Westminster ‘establishment’. Nonetheless, the implications of the UK’s trading relationships post-Brexit are important. A central issue is whether ideology or pragmatism will emerge triumphant from the negotiations that will soon begin between the UK Government and the EU.
Read more...Austria: A Case Study of How Offshoring Lowered Growth
Austria illustrates that over time, offshoring reduces the skill levels of domestic workers and even organizations.
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