To create a fiscal and banking union without a political union would multiply the original mistakes in the creation of a monetary union.
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Trying to see behind the news. How are things evolving in societies and what politics are applied?
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Leonidas Athanasopoulos
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Scooped by Leonidas Athanasopoulos onto Evolution of societies and politics |
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Any fair minded reading of the Bundesbank’s latest Constitutional Court deposition must lead to one of two conclusions: Either the Bundesbank has failed to recognise the existentialist threat to th...
Leonidas Athanasopoulos's insight:
Pushing the Euro over the edge... Delete the scoop?
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Commentary on current economic and financial news.
Leonidas Athanasopoulos's insight:
The capital controls violate EU laws regarding the principle of the four freedoms – free movement of goods, capital, services, and persons. The Cypriot capital controls will violate at least two of these principles, just as the Icelandic ones do. The free movement of capital is prevented by the controls. Delete the scoop?
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Commentary on current economic and financial news.
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“The road to hell is paved with these bills.” Delete the scoop?
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If you're an employer, there are lots of signals about a young person's suitability for the job you're offering. If you're looking for someone who can write, do they have a blog, or are they a prolific Wikipedia editor? For programmers, what are their TopCoder or GitHub scores? For salespeople, what have they sold before? If you want general hustle, do they have a track record of entrepreneurship, or at least holding a series of jobs?
These days, there are also a range of tests you can administer to prospective employees to see if they're right for the job. Some of them are pretty straightforward. Others, like Knack, seek to test for attributes that might seem unrelated, but have been shown by prior experience to be associated with good on-the-job performance. Via Martin Gysler, Leonidas Athanasopoulos
Leonidas Athanasopoulos's insight:
This is a game-changing situation for the professional field of our lives. 
Martin Gysler's curator insight,
February 27, 7:47 AM
I wonder if these high-tech schools are not just made to permit to schools to earn the most money possible. If you have a $ 100,000 debt at the end of your college education, you know why you go to work every day ... I think it is a shame! 
Joakim Baage, SPOON USA's curator insight,
March 5, 11:01 AM
More on the controversy regarding college degrees... Delete the scoop?
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How do countries compare for overweight and obesity prevalence? See the data mapped and broken down by gender and year
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Leonidas Athanasopoulos's insight:
Excellent archive by Google, visualizing the evolution of the face of this planet in a very attractive and easy to follow way. Delete the scoop?
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German daycare centers are suffering a woeful shortage of teachers. A recruitment agency is hiring Greek kindergarten teachers who are desperate to escape the debt crisis. Delete the scoop?
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From the camaraderie of the Tour de France to snipers in Syria, Sarah Gilbert selects her favourite pictures of the year Delete the scoop?
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Why does the Western world feed Africa with one hand while taking from it with the other? Delete the scoop?
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The Greek government, under intense pressure from the troika of its lenders (IMF-EU-ECB), is about to give the wheel of depression another, powerful turn. At a time when national income is shrinkin... Delete the scoop?
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Scooped by Leonidas Athanasopoulos |
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Greece's creditors disagree on how to tackle the country's debt crisis, with the International Monetary Fund threatening to stop its financing unless the euro zone accepts restructuring worth tens of billions of euros.
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Market people, including myself, underestimated the significance of the American political calendar. The first American vote for the president’s re-election will be cast on the IMF’s board.
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Poll in European Union's six biggest countries finds Euroscepticism is soaring amid bailouts and spending cuts
Leonidas Athanasopoulos's insight:
"Trust" is something that has various definitions for everyone, and when it is reffering to politics, it is even more "liquid". But sometimes, even the execution of surveys like this one and the publicity they receive is a message by itself...
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Commentary on current economic and financial news.
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In its simplest terms, “free trade” means one thing only — the ability of people with capital to move that capital freely, anywhere in the world, seeking the highest profit.
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The matter of wealth inequality in the United States is well known, but this video shows you the extent of that inequality in dramatic and graphic fashion.
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In The Wall Street Journal, Brian Carney interviews Bernard Connolly—the economist who dared to predict Europe's mess and was fired for it—who says there is much more pain to come.
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On April 27, the solar system Jita was destroyed by a fleet of ships that fired on anything attempting to travel through the region. All traffic in the solar system, a major trading area for minerals and other materials, had been brought to a halt.
Leonidas Athanasopoulos's insight:
Testing economic theories of the real world in the environment of the virtual world! Creating complex models of economic activity in games and online social environments. Who is the supervisor? Can the "creator" set rules and connections that can have a relevance to real life situations?
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Ha-Joon Chang: For too long we have been told individuals control their own destinies when the reality is poverty and inequality are structural
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Leonidas Athanasopoulos's insight:
How overtraining syndrome affected Geoff Roes, and how he is dealing with it! Wisdom comes the hard way some times. But it is never too late!
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If roads were collapsing all across the United States, killing dozens of drivers, we would surely see that as a moment to talk about what we could do to keep roads from collapsing. If terrorists were detonating bombs in port after port, you can be sure Congress would be working to upgrade the nation’s security measures. If a plague was ripping through communities, public-health officials would be working feverishly to contain it. Only with gun violence do we respond to repeated tragedies by saying that mourning is acceptable but discussing how to prevent more tragedies is not. “Too soon,” howl supporters of loose gun laws. But as others have observed, talking about how to stop mass shootings in the aftermath of a string of mass shootings isn’t “too soon.” It’s much too late.
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A Chinese province makes a claim that could lead to a genuine naval showdown. Can the new leaders in Beijing really understand the risk they are running?
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The economic and political troubles of Greece appear to have no end. The “plan” for the country under the original Troika program was for government debt to GDP to decline to 120% by 2020 under a framework of internal devaluation supported by external funding. As we now know the assumptions of this program were based woefully incorrect and now, even after a private sector write-down on sovereign paper, debt to GDP is nearly 170% and increasing.
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Several top German economic institutes on Thursday warned that German growth is slowing as the country continues to be hampered by the ongoing euro-zone debt crisis.
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Nicholas Christakis: The hidden influence of social networks
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