Vivvo CMS 4.1 http://www.capitalismmagazine.com/ Capitalism Magazine 15 ©2010 Spoonlabs d.o.o. http://www.capitalismmagazine.com/files.php?file= http://www.capitalismmagazine.com/ http://www.capitalismmagazine.com/world/europe/6641-greek-bondholders-at-a-loss.html Europe Thu, 27 Oct 2011 23:33:00 +0000 The purpose of European "assistance" has been to keep the Greek debt market liquid enough for Greece to continue borrowing a little bit longer. In theory, this was supposed to buy the Greek authorities time to get their house in order - but, in actuality, it has removed the very incentives necessary to make them reform. 596480990a55e06314ec28fe684571da http://www.capitalismmagazine.com/world/europe/6629-greeks-may-look-north-to-iceland-s-debt-default.html Europe Fri, 21 Oct 2011 21:54:00 +0000 When faced with the insurmountable and reckless debts, a cascading recession, and the demands of the international political elite for more debt and austerity, the government of Iceland put it to their citizens. In early 2009, with a vote of 90 percent, Icelanders chose to default, leaving foreign investors, bankers and governments, holding much of the losses. 591e206354c03b29f507760ea4b44d0c http://www.capitalismmagazine.com/world/europe/6613-fiddling-while-the-euro-burns.html Europe Fri, 07 Oct 2011 17:09:00 +0000 An orderly Greek default combined with an exit from the euro would be the best strategy to move forward. 00a121da37be69163a754e32fba78f71 http://www.capitalismmagazine.com/world/europe/6588-german-court-opens-door-to-uber-empire-and-uber-collapse.html Europe Mon, 12 Sep 2011 14:51:00 +0000 In the early days of September, financial markets worldwide were nervous. Investors and governments were waiting for a crucial ruling of the Federal 3f0a19548ff7ab8380eb80a5c7a1a34f http://www.capitalismmagazine.com/world/europe/6568-paper-currencies-finally-redeemed-for-gold.html Europe Sat, 20 Aug 2011 17:22:00 +0000 The basic unwillingness of politicians to face economic and financial realities has caused the United States and European Union to face currency collapse. 4d96aea81c9459c744b70bb9c85de819 http://www.capitalismmagazine.com/world/europe/6562-european-sovereign-debt-problem-german-court-wields-huge-economic-power.html Europe Thu, 25 Aug 2011 23:39:00 +0000 In contrast to this American expectation for more monetary manna from the heavens, many Eurozone governments have instituted harsh austerity programs. But behind the scenes the European Central Bank (ECB), in direct contradiction to the EU formation treaty, continues to enact a rescue package that purchases billions of dollars of subpar Eurozone sovereign debt. But at present, few governments or large financial players care much for legality. db4a5ead6f4b6ee3216ed5b4e8ddd569 http://www.capitalismmagazine.com/world/europe/6509-the-oslo-factor-blame-free-speech.html Europe Sun, 24 Jul 2011 18:07:00 +0000 The horrific attack in Oslo, Norway last Friday, in which 84 Norwegian youths were mercilessly gunned down by Anders Behring Breivik, a psychotic Norwegian Christian fundamentalist and anti-Muslim who also allegedly planted a devastating and lethal bomb in central Oslo, has produced an “Islamaphobic” fall-guy, made to order for the part. 1e615ac3f24774d691e0436991dd39a4 http://www.capitalismmagazine.com/world/europe/6485-greeks-buy-time-for-insolvent-bankers-and-delusional-politicians.html Europe Tue, 05 Jul 2011 14:10:00 +0000 Greece's vote to accept austerity has yet to be enacted in specific cuts and taxes, but when they do, expect public resistance that will dwarf what we have seen thus far. 884814226a9ec80e65b59fb9b09f8a7d http://www.capitalismmagazine.com/world/europe/6401-judgment-at-amsterdam.html Europe Tue, 10 May 2011 05:14:00 +0000 Half a century later, there are no Judge Haywoods in any judicial system, American or European. In fact, today it is Judge Haywood who is in the dock. His name is Geert Wilders, a Dutch politician accused by the state of the “crime” of hate speech. He is being tried by a panel of judges who have said to Islam, to Muslims, “I understand.” b1d98146438006c674d673558ada2e7f http://www.capitalismmagazine.com/world/europe/6117-euro-trumps-the-dollar-thanks-to-the-fed.html Europe Sun, 24 Oct 2010 22:40:00 +0000 Although no fiat currency is really safe, it is clear some are abused much less than others. 0480b934bc3aa71135de46ba3023c9f5