Europe in Crisis, Part II: China to the Rescue?
With the European periphery reeling on the brink of collapse, an unlikely friend has turned up offering financial assistance to those in need. What does the sudden arrival of this mystery buyer of European debt tell us about the relative decline of Europe and the rise of Asia? Should we be worried about the loss of European hegemony, and if so, is there anything we can do to stop it?
Europe in Crisis, Part I: The Age of Austerity
Europe is in crisis. The Age of Austerity has begun and the old political rules are being re-written. Where are we headed in the coming months and what can we do to overcome the two greatest challenges of our time? Over the next two months, Breakthrough Europe will be addressing these pertinent questions in a series of analyses that aims to break new ground in the debate on Europe’s future.
Why Krugman is Wrong on Commodity Speculation (Again!)
For the New York Times columnist, the recent surge in food and energy prices is an indication that we are running out of resources. But with speculators driving up commodity prices across the board, our most immediate concern should not be Krugman’s finite world, but Goldman’s financialized world.



