Will It Really Help?
Before EU finance ministers approve the 100 billion euro bailout for Spain, they might want to ask themselves one question: Will it really help? Sure, it'll keep the markets bubbly until mid-week when fears of the Greek elections set in, (June 17) but that's about it. It won't fix the eurozone's underlying problems, in fact,... Read More
Committing Financial Suicide to Appease Big Finance
Money might "make the world go 'round", but it's not going to stop the eurozone from breaking apart. That's the lesson investors learned on Tuesday when global stock markets plunged on news that yields on Spanish and Italian debt had again entered the red zone. Stocks rebounded on Wednesday, but to little effect, after all,... Read More
BARCELONA — Viva la revolution! Spain's youth are staging boisterous but peaceful protests across the country that many call the Iberian version of the popular revolutions sweeping the Arab world. Plaza Catalunya, the center of this marvelous city that pulses with life and fun, is packed with young demonstrators waving placards calling for revolution and... Read More