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Monday, November 9, 2009
Sunday, November 8, 2009
Ethics: An essay on the understanding of Evil
Alain Badiou
An essay on the understanding of Evil
Source: Verso
Alain Badiou
Translated by Peter Hallward
Ethical questions dominate current political and academic agendas. While government think-tanks ponder the dilemmas of bio-ethics, medical ethics and professional ethics, respect for human rights and reverence for the Other have become matters of broad consensu...
Painful death of the American economic dream
Source: Guardian.co.uk
02/11/09
This crisis has been a long time in coming, and history suggests that the period of upheaval will be long and painful, just as it was between 1914 and 1945
It wasn't really supposed to end up like this. When the Berlin Wall came crashing down 20 years ago, the cold war ended with triumph for the west....
Friday, November 6, 2009
Nouriel Roubini Doesn't Understand Inflation and Deflation (well well...)
Source: Reuters
FORT LEE, N.J., Nov. 5 /PRNewswire/ -- The National Inflation Association
today released the following statement to its http://inflation.us members:
"After the financial collapse of 2008, Nouriel Roubini emerged as one of the
world's most well-known and respected economists....
Monday, November 2, 2009
The Simple Life

image above: Promo for USA Cable TV "reality show" with Paris Hilton and Nicole Richie who are asked to give up their money, credit cards, and cell phones to live what they call "The Simple Life."Link: http://islandbreath.blogspot.com/2009_03_01_archive.h...
Αλώβητος ο χρυσός από την οικονομική κρίση
www.kathimerini.gr με πληροφορίες από ΑΠΕ- ΜΠΕ
Hμερομηνία : 02-11-09
Αλώβητος ο χρυσός από την οικονομική κρίση
Αμείωτη η διάθεση των καταναλωτών να αποταμιεύουν σ' αυτήν τη μορφή.
Η διεθνής αγορά του χρυσού που παρά τη διεθνή οικονομική κρίση ενισχύθηκε, επιπλέον διαθέτει και ένα λαμπρό μέλλον, καθώς τα δικά της θεμελιώδη μεγέθη παραμένουν πολύ καλά, όπως παραμένει αμείωτη...
Sunday, November 1, 2009
Sunday, October 25, 2009
Welcome on the Paris Club website
Welcome on the Paris Club website The Paris Club is an informal group of official creditors whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. As debtor countries undertake reforms to stabilize and restore their macroeconomic and financial situation, Paris Club creditors provide an appropriate debt treatment. Paris Club creditors...
State insolvency (...)
Source: Allen & OveryThis is the second in a series of articles written by Philip Wood, Allen & Overy's Special Global Counsel, on the financial crisis and the global slowdown from a legal perspective.States are just like everybody else. They can and do become bankrupt. Here is a map showing state insolvencies in the period 1980 to 2005. About 40 per cent of states were insolvent in this period.For...
Friday, June 12, 2009
Towards A Sound Economy
Source: LeapBy Rudo de Ruijter*06/06/2009Sometimes money is compared with the blood of the economy. The credit crisis painfully demonstrated, that the economy depends on a permanent infusion of credits. As soon as the banks deliver a bit less credit, enterprises fail and the mass dismissals succeed each other.We are made to believe, that the problems with the subprime mortgages were an incident. With...
Is the Euro Doomed? (2)
Source: The Daily Reckoning06/11/09 Baltimore, Maryland Despite all the U.S.’ woes, the dollar is holding pretty steady. The dollar index is just a hair lower than yesterday, now at 79.8. Thus, the dollar’s major competitors are just a few cents off recent 2009 highs… euro: $1.40, pound: $1.64, yen: 97.Interestingly, the pound is currently at a 2009 high versus the euro, at 85 pence. Trader...
Is the Euro Doomed?
Source: Counter Punch (from Le Monde Diplomatique)Solution of Last ResortIs the Euro Doomed?By LAURENT JACQUEWill the tsunami devastating the global financial system undermine the stability of the euro? Its advocates say not. Doomsday scenarios of a partial break-up of the Eurozone have, as yet, failed to materialise. They argue that, over 10 years, the Eurozone has become a haven of peace and...
Tuesday, May 19, 2009
Κίνδυνος χρεοκοπιών στην ευρωζώνη
Ta Nea On-line©Τhe Τimes, 200919-05-09ΤΗΝ ΠΕΡΑΣΜΕΝΗ Παρασκευή η Ευρωπαϊκή Επιτροπή δημοσίευσε τις πιο καταστροφικές οικονομικές στατιστικές που έχει ανακοινώσει ποτέ επίσημη αρχή από το 1945. Τα στοιχεία αυτά έδειξαν ότι η Γερμανία υπέστη τη μεγαλύτερη οικονομική συντριβή που έχει καταγραφεί ποτέ σε μεγάλη βιομηχανική χώρα. Τα ίδια στοιχεία έδειξαν ότι αρκετές από τις χώρες της Κεντρικής Ευρώπης αλλά...
Saturday, May 2, 2009
Greeks seek refuge in coffee shops amid slump

Greeks seek refuge in coffee shops amid slumpApr 20, 2009ATHENS (AFP) — Determined to keep their cheer in the gloom of the economic downturn, Greeks are holding on to the nation's unofficial shrink couch -- the coffee shop -- for a few hours of escape from their bills.At a time when hundreds of small businesses around the country teeter in a market plagued by falling consumer demand and a loan drought,...
Tuesday, February 24, 2009
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