Greece

August 17, 2014

A Closer Look at the EU 28 Economic Growth Rate

Looking at a European average economic growth rate, unemployment rate and GDP to debt ratio is misleading because of countries' disparate economies.

July 28, 2014

Why the GDP is Much More Than a Number

Seemingly just a statistic, how we calculate the GDP and how it is used can be controversial and affect the lives of millions of people.

November 28, 2011

The First Credit Default Swap

Some of the euro zone’s problems actually started with the Exxon Valdez oil spill. After the 1989 Exxon Valdez calamity, when an Alaska jury said that […]

November 20, 2011

California and Kentucky

Could we compare California’s relationship with Kentucky to Germany and Greece? Somewhat like Germany and Greece… California and Kentucky share the same currency. California has a […]

November 5, 2011

Leaving the Euro

Would you like to win 250,000 British pounds? Predicting that a nation’s euro zone exit would be catastrophic unless properly managed, a UK businessman has sponsored […]

November 2, 2011

Default Deja Vu

Between its independence in 1829 and 2006, Greece has had 5 defaults or debt reschedulings that occupied a total of 50.6 years.  Described by Rogoff and […]

October 28, 2011

Euro Deal Primer

To understand euro zone bailout plans, just think BBB. Bonds, Banks, Bailout The Bonds: If you own Greek debt, then you would be asked to accept […]

October 25, 2011

Greece and Argentina

Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of […]