The €500 Note Battle

Eliminating the $100 bill and the €500 note from the money supply has supporters citing terrorism financing and opponents talking of large purchases.…

Some Greek Math

With a euro zone update on Greece unfolding (they might lease some islands but we’ll get to that in a moment), here is some Greek math that Michael Lewis presents in Boomerang. Referring to the …

Greek Austerity Facts

With a March 20 deadline approaching, new European bailout negotiations continue to emphasize austerity. Curious about what austerity specifically meant, I looked at a Greek newspaper. In the sports s…

Greek Taxes

Having added property taxes to electric bills, the Greek government is shutting off the power to people who do not pay what they owe. The response? In a northern suburb of Athens, a mayor has assemble…

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