Policy entrepreneur
I took part in a meeting with the Eurogroup in order to handout a petition signed by 117,000 European citizens demanding that profits made by the European Central Bank are returned to Greece.
» Read moreJust like Greece should not repay its current public debt to foreign investors, Germany should not repay Greece for war reparations debts.
» Read moreSo the greek central bank just announced the cost of the greek bank recapitalization : 27.5bn euros just for the 4 biggest banks, 40 bn overall. That could even top at 50bn, the Bank of Greece admits. This represents about 20% of Greece’s GDP. What a scam, isn’t it? Well, this is actually awesome: just by doing this, bankers are providing the
» Read moreThere is a simple solution for managing a public banking sector recapitalization without merely giving a free lunch to bankers : distribute equity to the People.
» Read moreOn the 14th of September, I will present a paper called “A monetary approach towards a basic income in Greece“, in which I explain and demonstrate how Greece could exit the eurozone and implement a citizen’s monetary dividend. This paper was submitted to the Basic Income Earth Network for its annual congress that wil take place near Munich next week.
» Read moreJust a quick update on this blog in order to highlight one very worrisome (and little discussed) fact about the Greek crisis: the plunge of the money supply.
» Read moreShould we fear the possibility of Greece to exit the eurozone? This is the opinion of many commentators, journalists and economists. But their arguments are often made of fallacious analysis based on poor knowledge of the situation.
» Read moreWith the crisis, greek banks have been suffering from huge deposit flight. Official figures show that at least 80 billion euros have been moved abroad since 2009. What consequences for the greek economy? And how to address the problem?
» Read moreFollowing my earlier post that intend to show that Greece could be well better outside of the eurozone, let’s have a look of the aftermaths of such a scenario for the eurozone. Here is what I found from official figures and some calculations…
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