Posts Tagged ‘euro’

German and British taxpayers are beginning to realize the downside of our economic interdependence in the global economy. When British banks have too much exposure to Irish banks, all of a sudden Dublin’s property crash becomes the UK’s problem. Similarly, when German taxpayers have to bail out bankrupt governments in Athens and Dublin, Greece and [...]

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It took two tries, but I finally got past the ash cloud and made it to Lisbon to promote the Portuguese edition of my book. What I found when I got there was a country already preparing itself for the new smaller world that my book predicts. The European monetary union is a vestige of [...]

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