June 10, 2016
The State of the World Economy
We are facing a rerun of 2007-2008 with more dire consequences and a longer duration than we experienced then. The first blows will surface as a result of the…
Posts filed under greece
June 05, 2015
Out Of Cash, Out Of Time, Out Of Options // Greece – EUROZONE Report
I’m reposting a letter sent to me, which I think is a poignant response to the economic situation in Greece today. Dear Mr. Edelman, As you already know, today Greece…
February 17, 2015
Greek crisis opens Portuguese faultlines over future of eurozone
In the short article “Ides of March,” we referred to Portugal, Spain, Italy, and France as likely to experience political pressure to seek relief from the severe austerity imposed on…
June 29, 2012
EU, The Truth of the Matter
Of the €400 billion plus in rescue funds loaned to Greece all but €15 billion went to assist the banks. Almost all of what was received by the banks was recirculated to…
January 20, 2012
Greece: Voluntary or Involuntary – Default is a Given!
by Asher B. Edelman In April of 2010 I wrote my first note about Greece in which I suggested that €30 billion would not solve or even impact the Greek…
May 25, 2010
Greece – The Follow-Up
by Asher B. Edelman On April 13 I sent out a brief letter on the Greek crisis. Here is my view of the crisis and the EU actions as of…
Asher Edelman 