Blog Archives

Italy: Why do they say its ungovernable?

In the recent elections in Italy, the results show the appearance of a new movement called 5-stars that has been portrayed as a disaster. Having the key to majority in both houses, this movement has been quickly vilified into an unstable bunch

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Posted in Banks, Politics

Iceland rebels against paying its debt, and the EFTA tribunal agrees

Iceland won an important battle this week at the European Union level to avoid paying to foreign investors for the Icelandic bankruptcy of 2008. The Tribunal of the European Free Trade Association, resolved that no European law had been broken, and the

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Posted in Banks

Democracy: Is this the best we can do?

I have met several people that have argued that the only alternative to democracy is a dictatorship. This sort of narrow-minded view has been fed to us through our education system and through the media, which makes it very difficult

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Posted in General

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