Category: Eurozone

Cyprus’s economic coma: Part 3, And others die

26 March, 2014 (09:00) | Bailouts, Banking, Cyprus, Economics, Eurozone, Global news, Housing, Recapitalization, Russia, Speculation |

[Continued from yesterday’s Part 2 and the preceding Part 1.]   By:David A. Smith   And others die. – Wikipedia’s summary of coma                                                                                                                                               With the Economist’s (March 8, 2014 news article and an editorial (March 8, 2014; brown font) epiphany that maybe the ECB/ IMF ‘rescue’ of Cyprus has been a botch from start to […]

Cyprus’s economic coma: Part 2, A vegetative state

25 March, 2014 (09:00) | Bailouts, Banking, Cyprus, Economics, Eurozone, Global news, Housing, Recapitalization, Russia, Speculation |

[Continued from yesterday’s Part 1 .]   By:David A. Smith   After this time, some patients gradually come out of the coma, some progress to a vegetative state – Wikipedia’s summary of coma   Yesterday’s post examined the semi-comatose Cypriot economy, a year after its ECB takeover, and using as source material the Economist’s (March 8, […]

Cyprus’s economic coma: Part 1, Very basic responses

24 March, 2014 (12:00) | Bailouts, Banking, Cyprus, Economics, Eurozone, Global news, Housing, Recapitalization, Russia, Speculation |

By:David A. Smith   Comas can last from several days to several weeks. In more severe cases a coma may last for over five weeks, while some have lasted as long as several years.  – Wikipedia’s summary of coma   Either one of you will survive, or you won’t   A year after the European […]

Month in Review: February, 2014: Part 2, Power to the people?

14 March, 2014 (09:00) | Apartments, Boston, Boston Redevelopment Authority, BRA, Buses, Eurozone, Foreclosure, Infrastructure, Kenya, Kibera, Month in review, Nairobi, Spain, United Kingdom, Zoning |

[Previous Months in Review available here: Jan 14.]   [Continued from yesterday’s Part 1.]   By:David A. Smith     Many of my posts deal with the interface between essential dualities: formal versus informal, complexity versus scale, government versus markets, property versus capital, control versus chaos.  While some posts start at the macro and work […]

Month in Review: February, 2014: Part 1, Power corrupts

13 March, 2014 (09:00) | Apartments, Boston, Boston Redevelopment Authority, BRA, Buses, Eurozone, Foreclosure, Infrastructure, Kenya, Kibera, Month in review, Nairobi, Redevelopment, San Francisco, Spain, United Kingdom, Zoning |

[Previous Months in Review available here: Jan 14.] By:David A. Smith During February, I took the opportunity to spend eight parts taking to task a Boston Globe expose article, published at least five and probably ten years too late, of former Boston Mayor Tom Menino’s slow and effective conversion of the allegedly independent Boston Redevelopment […]