Europe the Beginnings of a Cataclysm….Again.

This article by Chris S. on Gather.com. The first mostly likely precipitant would be that Greece, or some other nation finds, it necessary to secede from the union. The reason would be that such a nation cannot pay its debts and needs to print money like the United States and England, and Japan, but has not the [...]

Southern Europe’s Fiscal Crisis

This article by Gary North on LewRockwell.com The crisis over Portugal, Italy, Greece, and Spain continues to escalate. Because they have surrendered their monetary policy to the ECB, these nations are unable to inflate their way out of the fiscal crisis… These four nations are ruled by politicians who cooperatively sold their nations’ sovereignties for [...]

Could Greece be expelled from the eurozone?

As reported by Andrew Walker on BBC.co.uk. In a working paper published on the European Central Bank’s website, Phoebus Athanassiou writes about the possibility of secession from the European Union and from Economic and Monetary Union – the process which created the euro. Such talk, he acknowledges, would until recently have been “next to absurd”. [...]