Social Democracy, the “Third Way,” and the Crisis of Europe, Part 3
A discussion of why the center-left failed to revive in Europe after the crisis. Some of the reasons apply to the US as well.
Read more...Category Archives: Europe
Ham-Handed Theresa May “Hard Brexit” Stance Roils UK Pols, Not Just EU
Theresa May may have thrown a spanner in the Brexit works by pushing for a xenophobic “hard Brexit”. Accident or design?
Read more...Don Quijones: Rescue of Italy’s Monte dei Paschi Gets ‘Dark’ & ‘Complicated’
As Monte dei Paschi flounders, details of past chicanery emerge, implicating Deutsche Bank, Normura, the Bank of Italy, and Maro Draghi.
Read more...Don Quijones: Stealth Bailout of 2 Franken-Banks Now Happening in Spain
Another bailout of two of Spain’s franken-banks: mostly state-owned Bankia and wholly state-owned Banco Mare Nostrum (BMN).
Read more...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...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.
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