The Daily Marxist (Groucho)

Financial news and current events commented by politically incorrect people who are for true capitalism for everyone and not just for those with lobbying power.

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Back to the Future of the European Financial Crisis

  • Back to the Future of the European Financial Crisis Chronology (hard currency, IMF supervision, zero deficit program. It is all there. Click to read but be careful, the file contains information about the future)

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Popular Posts

  • Why Worry About Spain?
    As the Spanish election came and went without any reprieve from the financial markets (why did anyone expect anything different is still a p...
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  • If You Owe 300 Billion, The Bank Has The Problem
    Remember one of the many summits when the bank representative "agreed" on a 50% haircut for Greece? Basically the banker was calle...
  • Theory: The Euro Can Be Saved By A Fiscal Union
    What do these articles have in common? They gloss over the fact that East German workers could be trained to fill the vacancies in West G...
  • Obama Launches His Reelection Campaign Tomorrow
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      • If You Owe 300 Billion, The Bank Has The Problem
      • Calling A Spade A Spade
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