The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Saturday, June 13, 2015

Reality approaches

It is not unreasonable that the prosperity of banks should depend on that of the world at large.

But the opposite?

"Too big to fail" is a more pervasive problem than one might have thought.

Greek default fears rattle markets

The Greeks were not kidding.

They are done with the German, neoliberal dictatorship of austerity.

But the game of chicken continues.

No comments:

Post a Comment