Currently browsing tag

eu

How complex systems fail, or the curious Brexit paralysis

After losing the Brexit vote, prime minister Cameron resigned. That sounds reasonable: he lost and so he resigned. But did you notice that nobody, absolutely nobody, wants to become the next prime minister? Not even senior politicians like Boris Johnson that campaigned in favor of Leave and wanted to be PM for a long time?…

The two Greece problems and the impossible way forward

Following the news about Greece and its European "partners" is better than any reality show. I'd have a great time if it weren't so serious. As I see it, two problems need to be solved: The amount of money that Greece owes cannot possibly ever be repaid. It's far too much relative to the size…