As the drama unfolds and the plot thickens, new actors join the stage and the tension rises. Purgation, or catharsis, releases emotions at the final stage of Greek tragedies. We may soon find out what form this will take in the real life drama the Greek economy is going through ...

Sometimes money is compared with the blood of the economy. The credit crisis painfully demonstrated, that the economy depends on a permanent infusion of credits. As soon as the banks deliver a bit less credit, enterprises fail and the mass dismissals succeed each other. We are made to believe, that ...

Political consequences: Towards an aggravation of US leadership weaknesses (leaders facing a loss of legitimacy, economic context of recession, diplomatic deadlock in Iraq/Iran/North Korea…) The recent choice by American voters, who have violently rejected the policy followed for six years, is nothing other than a loud cry for help [1] . ...

Those who use dollars outside the US continuously pay a contribution to the US. It comes in the form of an inflation of 1.25 million dollars per minute. This is the result of the fast increase of the US foreign debt. Half of all US’ imports are simply added to ...