Monthly Archives: August 2015

Temporary Absence

I was looking at all the posts that I have made on my blog and I must say, I was pretty impressed. If I had been a professional journalist instead of an engineer, I really would have been raking in … Continue reading

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Yanis Varoufakis: in his own words

You can like him or hate him but you cannot ignore him! This was the title of one of my previous posts and it’s true. For an economist or politician, Yanis Varoufakis has attracted an unprecedented amount of attention in … Continue reading

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Yanis Varoufakis: No Time for Games in Europe

Hindsight, as the saying goes, is twenty twenty vision. Not for Yanis Varoufakis, I hasten to add, but for me! The saying means that “It’s easy to know what was the right thing to do after something has happened.” And … Continue reading

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Welcome back Peter, all is forgiven!

I am sure that this is what Yanis Varoufakis would say to me if he were to read this post. I have been a Yanis Varoufakis supporter and follower for some years now, even before he entered into politics in … Continue reading

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The Euro is broken…….but can it be fixed?

This is part 2 of our “back to basics” series. In this post, we will become more specific and discuss the Euro. When we say the Euro, we are in fact referring to the European Monetary Union (EMU) that is … Continue reading

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21st Century Economics: A Dismal Science Indeed

This weekend we are going to go back to basics and we will start with economics! At this point, I expect that the economics experts among you are just about to click on something else. But just hang on a … Continue reading

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Open letter by Sahra Wagenknecht, German Left Party to Angela Merkel

There are many people in the EU who do not agree with the current Troika plan for Greece. And I am not just referring to simple bloggers like myself. I mean well educated and very intelligent people who have made … Continue reading

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What’s up with the Greeks?

Problems will never be solved properly or bad conditions improved, if we try to avoid the truth. I sympathise with the plight of the Greek people and I acknowledge that there is much suffering due to the poor economic conditions … Continue reading

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Greece, the Sacrificial Lamb

In my previous post, I used a very good article written by Joseph Stiglitz to establish the background of the crisis that the EU and Greece currently find themselves in. More importantly, Stiglitz called into question the “morality” of the … Continue reading

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A Greek Morality Tale

It is sometimes not very easy to admit to one’s mistakes, especially when principles are involved. But that is what I am going to have to do! Perhaps my error was not so much a mistake than a slight error … Continue reading

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