Tag Archives: Greece

SNL. Still funny.

Here, perhaps the best Seth Myers rant ever. He has some fun with the Eurozone crisis and the Greek debt and wonders if the 17 countries of Europe can agree on how to solve the problems, when a unanimous vote is required:

Unanimous? I can’t get three friends to agree on a restaurant. Can you imagine how hard it would be if none of us spoke the same language and our grandparents killed each other in World War II?

 

Krugman: “got that 30’s feeling”

A post from Krugman’s blog today.

Given a crisis that should have been relatively easy to solve — and, more than that, a crisis that anyone who knew macroeconomics 101 should have been well-prepared to deal with — what we actually got was an obsession with problems we didn’t have.

He points to ‘intellectual failure’ among the ruling classes, and not just here in the U.S.

Fears of far-right rise in crisis-hit Greece

ATHENS, Greece — They descended by the hundreds — black-shirted, bat-wielding youths chasing down dark-skinned immigrants through the streets of Athens and beating them senseless in an unprecedented show of force by Greece’s far-right extremists.

In Greece, alarm is rising that the twin crises of financial meltdown and soaring illegal immigration are creating the conditions for a right-wing rise — and the Norway massacre on Monday drove authorities to beef up security.

The move comes amid spiraling social unrest that has unleashed waves of rioting and vigilante thuggery on the streets of Athens. The U.N.’s refugee agency warns that some Athens neighborhoods have become zones where “fascist groups have established an odd lawless regime.”