Read all posts for ‘debt’

“Joder, que nosotros nos hemos venío porque allá no hay trabajo…” (F*** man, we came here because there are no jobs there…) answered the Spanish couple to my inquiries about their origin and their visit to the beautiful Mexican beaches of Los Cabos, Baja California Sur. I had finally met […]

The Global Economic Symposium (GES) aims to provide a new collaborative setting to analyze the world’s most important economic problems, create shared visions of the future and formulate innovative strategies to achieve these visions. This year the symposium will take place from October 1st to 2nd in Kiel, Germany. The […]

Over the past few years, Hungarians have spent far more than they could afford. Now the government is trying to save them from the consequences of the financial crisis and their own irresponsibility. But is it really a good idea to be such a nanny? Before the financial crisis, bank […]

Bertelsmann Foundation warns of extensive domino effects Greece’s exit from the Euro bears the risk of kindling a wildfire throughout Europe and possibly even on an international level and may result in a worldwide economic crisis. Countries affected would include not only Southern European nations or EU members, but also […]

Congressman Gregory Meeks discusses budget deficits and the need for fiscal consolidation in the United States. But politicians do not appear to be ready to make the tough choices to develop a package of tax cuts and spending cuts that will correct America’s fiscal mess.