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Category Archives: Economic Realities
A Short Press Review 2/3…
Between travelling, household things to do and taking care of the kids while my wife had some professional fairs to attend, I have been struggling a bit over the past weeks to find time to write, but as I still collected some … Continue reading
A Short Press Review 1/3….
Between travelling, household things to do and taking care of the kids while my wife had some professional fairs to attend, I have been struggling a bit over the past weeks to find time to write, but as I still collected some … Continue reading
Posted in 2084 - Scared Or Prepared, Economic Realities
Tagged Budget deficit, ECB, EURO Crisis, euro-zone debt, Social benefits, truth EURO
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Where does the 3% of GDP limit come from?
Somehow, I thought that the budgetary-deficit limit in the Maastricht Treaty governing the Euro-Zone membership criteria had some kind of economic logic behind it. Well, guess what, it doesn’t! Members of the Euro-Zone are to limit their annual budgetary deficit … Continue reading
Posted in Economic Realities
Tagged Budget deficit, EU debt, EURO Crisis, euro-zone debt, Future is doomed, truth EURO
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And now, let’s search the garbage bins for… food!
I read an interesting article in the IHT today , about Spain and the increase in the amount of people there who go through garbage bins to find food. (see link below) We are not talking about bums here, but … Continue reading
Posted in Economic Realities
Tagged Budget deficit, EURO Crisis, Future is doomed, Indignados, Looting, Social benefits, Spain
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“Work for no pay or lose benefits”
Was in London this week, and one title all over the press was “work for no pay or lose benefits”… An eye-catching one-liner on what the government wants young unemployed people from 18 to 24 to do. In fact, the … Continue reading
Are we getting anywhere near a solution?
Recent news about Greece’s and Spain’s refinancing problems and the idea going around of interest rate capping on the EURO-Zone Countries’ sovereign debt made me react, as it hopefully points out that what the solution could be is starting to … Continue reading
Posted in 2084 - Scared Or Prepared, Economic Realities
Tagged Budget deficit, ECB, euro-zone debt, Interest rate capping, PIGS
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The news ain’t getting any better!
Was reading the news yet again, and it always looks at the latest statement from or the ECB or Brussels or whoever, which then triggers a few hours’ reaction on stock movements and half the world writes about it as … Continue reading
Posted in Economic Realities
Tagged ECB, EU debt, EURO Crisis, Future is doomed, IMD, PIGS, truth EURO
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