European Debt Crisis on Townhall

Mike Shedlock - Sat Jun 15

Two Questions for European Readers: Why keep any money in banks other than the absolute bare minimum needed to pay bills? How many Cyprus-like confiscations does it take to convince you that leaving money in banks is a bad idea? ... more

Daniel J. Mitchell - Tue Jun 11

It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I have the same attitude about the fiscal fight in Europe. On one side, you have “austerity” proponents of higher taxes. On the other side, you have Keynesianswho think a higher burden of government spending will produce growth ... more

John Stossel - Wed Jun 5

Wayne Allyn Root - Thu Apr 18

How far behind can America be? Our media says we are in a “recovery” incessantly. We are told that because the stock market is rising, because housing is enjoying a few signs of life (at bankruptcy prices), and because cars are selling better than the terrible rate they sold at last year, that the U.S. economy is doing well. ... more

Rich Galen - Wed Apr 3

Regular readers know that I have the same understanding of global economics as a three-year-old has of quantum physics. ... more

Athens, Greece - Thu Sep 27

An example of what happens when governments' goal is to increase the dependent class. ... more

Carl Horowitz - Sat May 19

The European Union (EU) is now in a full-scale panic over how to arrange financial bailouts for its least capable members. Yet few officials within the 27-nation federation have pondered the possibility that the best arrangement may be no bailout – and no EU as well. ... more

Victor Davis Hanson - Thu May 17

The newly elected French Socialist president, Francois Hollande, is warning Germany that Mediterranean ideas of "growth," not Germanic "austerity," should be the new European creed. No surprise there -- reckless debtors often blame their own past imprudence on greedy creditors, especially if the latter are supposed to be guilt-ridden over causing two world wars. ... more

Rachel Marsden - Tue May 15

While your co-workers hover around the water cooler debating whether it matters if Mitt Romney bullied some kid in his youth, a formerly First World nation called Greece is teetering on the brink of bankruptcy. Why, you might ask, should Middle America pry its overworked eyes away from Jennifer Lopez gyrating around in a bodysuit on "American Idol" long enough to bother caring? ... more

Pat Buchanan - Tue May 8

How Europe's crisis resolves itself as yet remains unknown. ... more

Pat Buchanan - Tue May 1

U.S. growth in the first quarter fell to 2.2 percent, a disappointment. But in Europe, that news would have caused general rejoicing. ... more Staff - Wed Feb 15

Paul Greenberg - Wed Feb 15

No wonder the Titanic became not just a metaphor for a whole, calamitous century but a cliche. The story of its maiden and final voyage in 1912 featured a whole pantheon of modern gods that have failed: science and technology, expertise and efficiency, mathematical probability, the worship of the biggest and best. ... In the case of the Titanic, they all added up to one more chapter in man's unending history of hubris. ... more

George Friedman - Wed Feb 1

More and more, it is the Germans that are the question mark. How far are they willing to go, and do they fully understand their national interests? ... more

Erika Johnsen - Fri Jan 27

Phyllis Schlafly - Tue Jan 10

It was bad enough when President Obama bamboozled Congress into passing a stimulus bill that didn't produce any jobs, then increased the federal deficit in the 2012 omnibus spending bill, then raised the debt ceiling, then bailed out the big U.S. banks, then tried to bail out his pal Solyndra in an attempt to save it from bankruptcy, and then appointed a jobs czar who only creates jobs in China. ... more

Michael Prell - Tue Jan 3

Meanwhile, as we digest the Iowa Caucus chaos, a lot has happened outside of Iowa. ... more