Category: EU

Prospero’s Europe: Part 2, living in a cloud of smog

6 February, 2013 (09:00) | Austerity, Economics, EU, Eurozone, Greece, Spain |

By:David A. Smith   [Continued from yesterday's Part 1.]   In Yesterday’s Part 1, we saw that Europe’s extremities – Spain, profiled in the Wall Street Journal (December 28, 2012) (red font),  and Greece, written up in the Wall Street Journal (January 11, 2013) (blue font) – are dying a slow economic death from capital […]

Prospero’s Europe: Part 1, Too broke to pay for fuel

5 February, 2013 (12:30) | Austerity, Economics, Ecosystem, EU, Eurozone, Greece, Spain |

By:David A. Smith   Illegal logging has surged in Greece as households suffering through three years of recession hoard wood to burn during cold winter days.   Though the body’s metabolism is not conscious, our cellular automata are rational: frostbite, gangrene, and starvation kill our extremities first, and the body lets them die to preserve […]