Michael Snyder: The global financial system is not a game of checkers. It is a game of chess. All over the world today, news headlines are proclaiming that this new Greek debt deal has completely eliminated the possibility of a chaotic Greek debt default. Unfortunately, that is simply not the case. Read more…
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Michael Snyder: What in the world is going on in Europe (NYSEArca:VGK)? Each day things just seem to get stranger and stranger. We are being told that a “deal” for a second Greek bailout has been reached and that Greece will not default in March. But behind the scenes it seems clear that many politicians Read more…
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David Gillie: Greece survives from media headline to media headline like a fading Hollywood starlet’s career. I quit doing the math when the “pledged” bailouts exceeded their total debt several times over. Read more…
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Dominique de Kevelioc de Bailleul: Wonder why European leaders appear more like a rotating cast of bumbling 3 Stooges than a team of coordinated fraternal bureaucrats throughout the debt crisis in Read more…
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