Demonocracy Debt Graphic - Cyprus
Some of the numbers are off, but Demonocracy has another great infographic on debt - this time about Cyprus. See the high-resolution graphic...
View ArticleJapan Expands its Monetary Base; the World Holds its Breath
ZeroHedge recently re-published a series of analyst reports by Dylan Grice of Societe General Cross Asset Research which are well worth a read. Dylan Grice -...
View ArticleKilling ERT to Save It
Sometimes truth is stranger than fiction. Today the Samaras government, in the person of the government spokesman, Simos Kedikoglou, announced the closure of ERT, the Greek public broadcaster. The...
View ArticleRemembering Public Sector Restructuring in Germany, 1992-1993
In April 1992, the company I had been working for made me the offer of moving to Germany for a year after my Junior year at Princeton to work on the extension of a UN consultancy project. I accepted,...
View ArticleCheck out the New ERT Website
In yet another example of why this Greek government simply can't be believed, please check the domain of the company (NERIT), chosen as the successor to ERT: www.nerit.gr.Surprise, surprise, it's been...
View ArticleΕμείς ενώνουμε τους Έλληνες, δεν τους διχάζουμε.
ΕμείςενώνουμετουςΈλληνες, δεντουςδιχάζουμε.“We unify the Greeks, we do not divide them." Antonis Samaras, ONNED Conference, 14 June 2013One would have thought that in a time of extreme tension in...
View ArticleERT to re-open; yet another Political Fiasco in Greece
(written on Monday, 17 July at 22:20)Press reports indicate that Greece’s Superior Court has ruled that ERT, the public broadcaster, must re-open pending the development of a new public broadcaster....
View ArticleThe ERT Litmus Test
Much has been said and written about the closure of the Greek broadcaster (ERT), the opening of a new, “transparent and axiocratic” one (NERIT), and the need for “reform” over the past week. Everyone...
View ArticleThe Cabinet "Reshuffle" in Athens
“Like gravity, karma is so basic we often don't even notice it.” ―Sakyong MiphamIt is difficult to observe the events surrounding the non-closure of ERT and the cabinet reshuffle in Greece with...
View ArticleOf Pygmies and Politicians, or why Europe Fails
I read with great amusement of the latest “spat” between French Trade Minister Nicole Bricq and European Commission President Manuel Barroso. According to the Financial Times, Madame Bricq is quoted as...
View ArticleManaging Snowden: A Cynic’s Perspective
For whatever little it’s worth, this is what I would do regarding the Edward Snowden case if I were President Barack Obama and/or a cynic*. 1. I would recognise that the value of information that...
View ArticleVoodoo Economics à la Grecque
For what will it profit a man if he gains the whole world and forfeits his soul?Matthew 16:26. Kyriakos Mitsotakis, the son of Konstantinos Mitsotakis, former Prime Minister of Greece, was recently...
View ArticleSecond Memo on Snowden
Dear President Obama, It looks like you didn’t receive my first memo on how to handle Edward Snowden. And what happened yesterday, when President Evo Morales’ plane was denied overflight through...
View ArticleDemographics 1
There's been a series of articles recently on the one child policy in China, and how this is resulting in demographic problems due to Chinese preference for male children. As a result of the policy,...
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