Finland: election results and the Euro

Final Finnish Election Results: True Finns Gain 34 Seats

John Ellis Business Insider 4/17/2011

If you go to this chart, and you scroll through the various geographic voting districts in Finland, it gives you a good view of the breadth of the surge of the True Finns in Finnish politics.

They were expected to do […]

British Socialists: Bring Cairo to London; Socialist Head of IMF: Now is the Time for a Global Currency

“We’re About Bringing This Government Down…” British Trotskysites Bring Cairo to London

Trevor Loudon New Zeal 2/15/2011

Over the weekend, the British Socialist Workers Party – which has been heavily involved in the build up to the Egyptian revolution, organized a Peoples Convention in London.

While primarily about organizing mass resistance to proposed Conservative/Lib-Dem government […]

China’s Inflation Problem Looms Large

Peter Schiff Euro Pacific Capital, Inc. 1/19/2011

The global economy has become so unbalanced that even government ministers who would normally have trouble explaining supply or demand clearly recognize that something has to give. To a very large extent the distortions are caused by China’s long-standing policy of pegging its currency, the yuan, to the […]

Hu: Dollar-based system ‘product of the past’

UPI.com via PoliJam 1/16/2011

BEIJING, Jan. 16 (UPI) — China views the dollar-based world currency system as a “product of the past,” President Hu Jintao said.

Answering questions submitted by The Wall Street Journal and Washington Post before his state visit to Washington this week, Hu admitted “some differences and sensitive issues,” but did not […]

Breaking up the euro area: How to resign from the club

The barriers to leaving are high but could still be crawled over by a country determined to leave

The Economist 12/2/2010

…The idea of breaking up the currency zone raises at least three questions. First, why would a country choose to leave? Second, how would a country manage the switch to a new currency? Third—and […]

Dennis Gartman: ‘Eventually, the Euro Breaks Apart’

Drew Sandholm CNBC’s Fast Money Halftime 11/29/2010

Faced with “almost terminal problems,” Dennis Gartman on Monday said the euro could soon unravel.

“Eventually, the euro breaks apart into a northern euro and a southern euro,” said Gartman, explaining that the Continent’s many languages, religions and cultures are too diverse for the singular currency to work.

[…]

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