Saving the euro: Why Germany must bring back the mark

Germany must exit the increasingly dysfunctional eurozone to allow its other members to benefit from a cheaper euro

Saving the euro: Why Germany must bring back the markIt’s time for Germany to abandon the euro – to save the European Union. The euro is the official currency of the eurozone. It’s used by the institutions of the European Union (EU) and by 19 of its 28 members. It’s the currency of around 400 million people – the second most traded money and reserve…

The liberating power of Brexit

Britain has shown there is a path out of the European Union, and it's a notion that other member states should embrace

The liberating power of BrexitGreat Britain’s Brexit decision in June is the first major, painful defeat for the German-control European Union. More will follow, to the general benefit of the people of Europe. The decision shook both the British and European political and economic systems, but the British are proud people from a great country. The nation, steeped in an empire's history,…

Greece can’t crawl out of its deep economy trough

Fiscal constraint and placing public budgets on a forced weight watchers diet is only half of a sound economic plan

Greece can’t crawl out of its deep economy troughATHENS, Greece Aug. 16, 2016/ Troy Media/ - Summer 2016 marks a dubious anniversary. One year after the near collapse of the Greek economy last summer, the economic indicators reveal that it continues its downward spiral. In fact, during the past 12 months, Greece’s modern economic tragedy has exacerbated. Unemployment has soared above 30 per…

Another European financial crisis brewing

The next crisis will be triggered by the mounting bad debts of commercial banks

Another European financial crisis brewingPORTLAND, Or. June 16, 2016/ Troy Media/ - A new financial crisis is brewing in Europe, one that will prove as devastating as the last economic crisis. This one will also be centered in southern Europe, only, this time, instead of being triggered by the rising debt of the region’s governments, it will be triggered…

Greece is an example of the failure of modern economics

The intellectual divorce between economics and political science led to the Greek crisis

Greece is an example of the failure of modern economicsDownload this column on modern economics for your publication or website. FREE Terms and Conditions of use RHODES, Greece Aug 26, 2015/ Troy Media/ - Economics is a subject with a long and distinguished pedigree, featuring such towering intellectuals and philosophers as Plato and Aristotle to economists like Sir James Steuart and Francois Quesnay, the…

The only hope left for the Greek people is to win the lottery

Greece's future ever more grim

The only hope left for the Greek people is to win the lotteryDownload this column on the Greek people for your publication or website. FREE Terms and Conditions of use RHODES, Greece Aug. 6, 2015/ Troy Media/ - The negotiations between Greece and its international creditors were expected to be concluded by the middle of this month. It turns out this was an overly optimistic timeline. The creditors…

Bailouts are far from over for Greece

Will be back at the bargaining table for a fourth handout within five years

Bailouts are far from over for GreeceDownload this column on Greece for your publication or website. FREE Terms and Conditions of use RHODES, Greece July 28, 2015/ Troy Media/ - The deep recession that gripped Greece for the last five years has taken the wind out of the national economy and caused an economic train wreck. The recession has devastated businesses…

Dropping the euro won’t end Greece’s misery

The road to economic recovery will be an uphill battle strewn with major economic hurdles

Dropping the euro won’t end Greece’s miseryDownload this column on dropping the euro for your publication or website. FREE Terms and Conditions of use RHODES, Greece July 16, 2015/ Troy Media/ - Fishermen around the world have an expression: it’s time to cut bait and start fishing. Clearly the contemporary leadership of the European Union (EU) are not even amateur fishermen.…

What’s next for Greece?

European politicians will have to start helping the ‘people’ instead of simply supporting the banks

What’s next for Greece?Download this column on Greece for your publication or website. Price starts at $8 Terms and Conditions of use EDMONTON, AB Jul 9, 2015/ Troy Media/ - The Greeks voted NO to Austerity last Sunday and, at a stroke, pushed the Greek debt crisis to the breaking point. The German-led financial establishment is in shock…