On May 14, 2012, MarketWatch featured an interesting article written by Jason O’Mahony discussing the possibility of a new economic model for the world. The heading to the article stated that “picking either unregulated capitalism or stifling socialism is a false choice.” O’Mahony: “Watching the US GOP on the right and assorted Greek communists on [...]
European Currencies 
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Eurozone’s Anti-Austerity/Bailout Voices Speak Loud and Clear, Again
(eToro Blog) Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning blow as they failed to regain power in the country’s most populous state, and one considered a bellwether for the rest of Germany. With nationwide elections only a year [...]
Nouriel Roubini Foresees Spain’s Doom despite Bankia Nationalization
(eToro Blog) Worries of a Eurozone breakup have recently escalated with Greece, but this recent news from Spain on the nationalization of Spanish lender Bankia will only exacerbate that sentiment. Nouriel Roubini, aka Dr. Doom, agrees and believes that Spain will lose market access by the year’s end and would need a huge troika-approved bailout [...]
