The Spreading Euro Crisis

The Pain in Spain By CONN HALLINAN   When the current economic crisis hit Europe in 2008, small countries on the periphery were its first victims: Iceland, Ireland, and Latvia. Within a year it had spread to Greece and Portugal, though the GDP of both nations—respectively 11th and 12th in the European Union (EU)—are hardly […]

Iceland Votes “NO’ To Neoliberal Fail

About as good an analysis, by the incomparable Michael Hudson, of conditions leading to Iceland's refreshingly sane vote can be found here, in full. A big fat middle finger to neoliberalism and it's governmental bag-and-bucket-men for capital, from across the political spectrum including Iceland's —oh, my—Social Democratic-Green coalition government.  Why Iceland Voted "No"  By Michael Hudson   (the […]