Tag Archives: Troika

Spanien – die Schnäppchenjagd ist eröffnet

Krisen und Unternehmerträume: Argentinien, Griechenland, Spanien..

Geschichte könnte man , grob vereinfacht, als Abfolge von Ereignissen verstehen, die diese Welt so oder so ähnlich schon (oft) gesehen hat. Ich vermute, daß die Krise nicht die Ausnahme von der Regel sondern die Regel im Wechselspiel der Gezeiten ist. Sie spühlt neben allerlei Strandgut auch immer Schnäppchenjäger und Glücksritter (ähm Investoren) an die jeweilige Küste, in diesem Fall an die Küste Spaniens. Continue reading

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Filed under Deutsch, Politics

Documentary – Catastroika

I post the documentary ‘Catastroika’ here because I think it is important. It is important because what goes on in Greece is not without precedent. It happened before and it will happen somewhere else. It happens for a reason. Continue reading

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Filed under Deutsch, English, History, Politics

Greece – First injury then insult

No doubt, Greece is in a precarious situation. Years of easy money, poor economic performance and an appalling level of governmental mismanagement have pushed the country right to the brink of collapse. To get out of this mess won’t be easy. It is going to be a painful journey. Nobody knows that better than the Greeks themselves. They also know that they need assistance. To ask for help is seldom easy and often distressing. The so-called Troika (IMF, ECB, EU) added insult to injury with the way it bullied the Greek government under Lucas D. Papademos into a deal which most economists agree will not work, because it is based on assumptions that are far too optimistic. Greece is expected to grow vigorously by 2014 out of tin air. Continue reading

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Filed under Economy, English