URL: Latest posts
We’ve moved!
NEW
This is a “last call” for anyone who would have missed the fact that I’ve moved my writing to the sleek, new bilingual English/French blog at www.craigwilly.info (en français ici). This old blog still passively gets 20-50 clicks a...
Will the prophet Putin be proven right?
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Last November, when the euro-shit really started to hit the fan, Vladimir Putin – with his habitual freedom of expression – predicted the European Central Bank would need to intervene to the tune of €1.5 trillion. Mario Draghi, who beca...
Will the prophet Putin be proven right?
NEW
Last November, when the euro-shit really started to hit the fan, Vladimir Putin – with his habitual freedom of expression – predicted the European Central Bank would need to intervene to the tune of €1.5 trillion. Mario Draghi, who beca...
Draghi : L’équilibre budgétaire passe exclusivement par des réductions de dépenses
NEW
Mario Draghi, le président de la Banque centrale européenne, a été appelé dans le magazine Foreign Policy « L’homme ennuyeux le plus important du monde ». En effet, dans le contexte actuel de crise financière et budgétaire, la BCE est pe...
Draghi : L’équilibre budgétaire passe exclusivement par des réductions de dépenses
NEW
Mario Draghi, le président de la Banque centrale européenne, a été appelé dans le magazine Foreign Policy « L’homme ennuyeux le plus important du monde ». En effet, dans le contexte actuel de crise financière et budgétaire, la BCE est pe...
Draghi: Balanced budgets to be achieved through spending cuts alone
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Mario Draghi, president of the European Central Bank, has been called “The world’s most important boring man”. Indeed, in this context of financial-fiscal fiscal crisis, there is perhaps no more powerful institution in Europe than that which he...
Draghi: Balanced budgets to be achieved through spending cuts alone
NEW
Mario Draghi, president of the European Central Bank, has been called “The world’s most important boring man”. Indeed, in this context of financial-fiscal fiscal crisis, there is perhaps no more powerful institution in Europe than that which he...
The Economist discovers life not fair
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The leading magazine of the global politico-economic elite - The Economist – has an article on the recent controversy over bankers’ pay warning of “The death of meritocracy”. I guess it’s noteworthy for this normally la...
The Economist discovers life not fair
NEW
The leading magazine of the global politico-economic elite - The Economist – has an article on the recent controversy over bankers’ pay warning of “The death of meritocracy”. I guess it’s noteworthy for this normally la...
Eurostat: Eurozone debt actually decreasing
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…last year. Between June and September 2011, the debt of eurozone governments as a percentage of GDP fell from 87.7% to 87.4%. The recovery’s combination of GDP growth, rising revenue, and falling unemployment meant debt was falling at an annuali...
Eurostat: Eurozone debt actually decreasing
NEW
…last year. Between June and September 2011, the debt of eurozone governments as a percentage of GDP fell from 87.7% to 87.4%. The recovery’s combination of GDP growth, rising revenue, and falling unemployment meant debt was falling at an annuali...
Raymond Aron on Europe, Israel, and dual loyalty
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Raymond Aron, it is no secret, is my favorite French intellectual of the twentieth century. He was not a Great Philosopher, nor did he create an all-encompassing system, but I think if one had to read one single author to … Continue reading ...
Raymond Aron on Europe, Israel, and dual loyalty
NEW
Raymond Aron, it is no secret, is my favorite French intellectual of the twentieth century. He was not a Great Philosopher, nor did he create an all-encompassing system, but I think if one had to read one single author to … Continue reading ...
German official ‘simply doesn’t understand’ rest of world
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Gideon Rachman of the FT has great run-down of his recent conversations with German officials and diplomats. There is considerable impatience with the Davos-led, Lagarde-Cameron-Geithner line that Germany has to throw more money at the problem, by bu...
German official ‘simply doesn’t understand’ rest of world
NEW
Gideon Rachman of the FT has great run-down of his recent conversations with German officials and diplomats. There is considerable impatience with the Davos-led, Lagarde-Cameron-Geithner line that Germany has to throw more money at the problem, by bu...
Eurozone, the Unravelling (III): The Fake Jobs & Growth Plan
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I’ve been reading Molly Ivins so I almost put “like heartless, dumb bastards” but that wasn’t quite in keeping with the style of the publication: Was it the fact that both the IMF and the World Bank warned that the … Con...
Eurozone, the Unravelling (III): The Fake Jobs & Growth Plan
NEW
I’ve been reading Molly Ivins so I almost put “like heartless, dumb bastards” but that wasn’t quite in keeping with the style of the publication: Was it the fact that both the IMF and the World Bank warned that the … Con...
Europe on Autopilot: How Krugman predicted the euro-mess in… 1998
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I came across a December 1998 article in Fortune magazine by the indomitable Liberal economist and Nobel prize winner in which he takes a critical look at the monetary union the Europeans were creating. It’s quite amazing how much has not cha...
Europe on Autopilot: How Krugman predicted the euro-mess in… 1998
NEW
I came across a December 1998 article in Fortune magazine by the indomitable Liberal economist and Nobel prize winner in which he takes a critical look at the monetary union the Europeans were creating. It’s quite amazing how much has not cha...
More Anglo-Saxon conspiracy
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Eurocrats want you to know the crisis has nothing to do with the flaws inherent in the eurozone system. No, prominent (and normally pro-U.S.) German MEP Elmar Brok calls it akin to a “currency war” in pursuit of “Anglo-American in...
