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Greece’s motorcycling Marxist, Alexis Tsipras, makes an unlikely champion, with his commuter leathers and largely unrealistic Left-wing views, but he seems to be about the best of a bad bunch right now. As far as I... more » |
| In France, and in Greece, the anti-austerity backlash has achieved a double victory this weekend, bringing closer the point at which the euro breaks asunder. more » |
| If there's one thing economists don't like, it's politics. We can draw up any number of fantastic policies on paper, but getting them through legislatures and central bank committees is another story. Politics has been a big part... more » |
| Bank of America has a nice twist on a Greek exit, or "Grexit" as everybody now calls it.
The euro would shoot up to $1.40 against the dollar (after first falling to $1.20 in the immediate panic). It is $1.27 now.
Risk assets... more » |
| It is increasingly conceivable that Greece may leave the euro zone, not just because of its own political dysfunction but also because the consequences of such an exit for the rest of the Europe and the global economy no... more » |
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