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The worst thing that could happen for Greece is a bailout without radical fiscal adjustments. Bailouts also set bad precedents. Unless we rein in on government spending and find ways to slash government debt, financial doom is slowly approaching!
April 30, 2010 by Orphe Divounguy
Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics in Washington, talks with Bloomberg’s Pimm Fox about the prospects of a Greek debt default.
April 29, 2010 by Orphe Divounguy
Written By Orphe Pierre Divounguy With US Banks’ stocks performing particularly well today, do we have nothing to fear from the Europeans’ hysteria over the Greek fiscal crisis? So much has been said about the Greece economy directly affecting its neighbors and even hurting the Euro. Although it is a very valid argument, and a major […]
April 28, 2010 by Orphe Divounguy
On Tuesday April 27th, I attended a seminar at the Carnegie Endowment for International Peace in Washington DC. The event was a presentation of prominent economist Laurence Kotlikoff’s new book in which he makes a case for radical banking reform. The book received praise from 5 Nobel Laureates in Economics: “Jimmy Stewart Is Dead is a […]
Economics for Liberty! 
April 30, 2010 by Orphe Divounguy
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