Lessons for Europe from California | Steven Hill
The financial aftershocks being felt in Greece will show the EU what ‘union’ really means
Over a year ago, the world economy suffered a massive economic quake – and certain countries have been experiencing aftershocks ever since. Two such aftershocks have grabbed headlines, one recently in Greece and another last summer in California. A comparison of these [...]
Not another bank bailout | Dean Baker
The millions of American families struggling to keep up with their bubble-era mortgages are the ones who deserve help
The big talk in Washington these days is “helping homeowners“. Unfortunately, what passes for help to homeowners in the capitol might look more like handing out money to banks anywhere else.
The basic story is fairly simple. Tens [...]
