Monthly Archives: February 2012

Some Explanations on the Greek Malaise

My opinion is that the poverty of Greece is not related to the extraordinary lifestyle that Greeks have lived. The OECD statistics will indicate that a Greek worker works over 2,000 hours a year, which is more than the German … Continue reading

Posted in Uncategorized | 1 Comment

Obama’s Austerity Budget?

“The budget for fiscal year 2013 proposed by the Obama White House Monday is a thoroughly cynical exercise. It calls for hundreds of billions of dollars in social spending cuts, further devastating public services and the living standards of working … Continue reading

Posted in Uncategorized | Leave a comment