Eurozone

How much sicker does the patient have to get before the doctors stop prescribing poison? Europe's Austerity Recession (or Depression) has now lasted longer than the last one.What can we learn from its misery?Ta;he answer seems to be: Nothing. Read more...
European markets have followed Asian shares downward on fears that the plan to bailout Cyprus could trigger an escalation of the eurozone debt crisis. Read more...
The Krugman bashing on Morning Joe continued Wednesday. Read more...
So how's that austerity been working for you, Mr.Cameron? Unemployment in the euro zone rose to a new high in November, according to data released Tuesday that also showed that the troubles in the 17-nation currency bloc were straining its Read more...
Protests... some violent... have been raging for a full week now across Europe in response to new austerity measures being imposed on a half dozen nations in the Eurozone. (I joined two news clips, one a short mention of the protests in Athens Read more...

↓ More items below ↓
So now the previously well-behaved and compliant Portugese are protesting in the streets over their government's austerity plans: The turning point came in September when Mr. Passos Coelho offered a plan to redistribute social security funds Read more...
Italian Welfare Minister in tears as she announces austerity measures Read more...
(The above video uses satire to explain the mortgage crisis) Many Americans have no idea how to understand Europe's financial problems because economics is not an easy topic to grasp while they are Read more...