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U.K. and Future in Mind, E.U. Plans for Less Unanimity – NYTimes.com

For decades, any European Union nation could block proposed laws in the most sensitive policy areas, like taxation, consigning them …

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Filed under: Blogosphere, European Alliances, News, Political Economy, WeSeeReason, ,

The euro zone: Is this really the end? | The Economist

EVEN as the euro zone hurtles towards a crash, most people are assuming that, in the end, European leaders will do whatever it takes to save the single currency. That is because the consequences of the euro’s destruction are so catastrophic that no sensible policymaker could …

MORE via The euro zone: Is this really the end? | The Economist.

Filed under: Banks, Blogosphere, European Alliances, geopolitical, International Relations, News, symbols as swords, WeSeeReason, , , ,

Staring into the abyss | The Economist

WHEN BRITAIN ABANDONED the gold standard in 1931, it was not only forsaking a system for managing the currency but also acknowledging that it could no longer bear the mantle of empire. When America broke the dollar’s peg with gold in 1971, it ushered in a decline that continued until Paul Volcker re-established confidence in the currency in the early …

MORE via Staring into the abyss | The Economist.

Filed under: Blogosphere, Community Tragedy, Economic Recession, ethnicity in politics, European Alliances, geopolitical, Mass Media and Public Opinion, National Debt, News, political corruption, Political Economy, political plots, Political Violence, propaganda and spin, Public Policy, social protests, symbolic uses of politics, Unemployment, WeSeeReason, , ,

European Community in Crisis: Staring into the abyss | The Economist

WHEN BRITAIN ABANDONED the gold standard in 1931, it was not only forsaking a system for managing the currency but also acknowledging that it could no longer bear the mantle of empire. When America broke the dollar’s peg with gold in 1971, it ushered in a decline that continued until Paul Volcker re-established confidence in the currency in the early 1980s. As Joseph Schumpeter, the great Austrian economist, once wrote: …

MORE via Staring into the abyss | The Economist.

Filed under: Banks, Blogosphere, Economic Recession, European Alliances, geopolitical, Mass Media and Public Opinion, National Debt, News, political corruption, Political Economy, political plots, propaganda and spin, Public Policy, Public Sector, symbolic uses of politics, WeSeeReason, , , ,

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