Category Archives: Europe

The BRIC Fallacy

A person living in the third-poorest province of Brazil is about as well off as the typical Chinese. So much for the Chinese dragon; the typical Brazilian is far better off than the typical Chinese. And let’s not even start comparing Brazil to India. Continue reading

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Dmitry Medvedev Doesn’t Look Like Your Typical Russian Leader

Born in 1965, Mr. Medvedev was all of 42 years old when he took power; today he is still a mere 45 years old. By the standards of world leaders, this is amazingly young. Continue reading

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The Crisis in the Developed World

I recently had a conversation with a college student hailing from the great country Spain. After talking about my summer activities, I asked him about the internships and jobs he had available in Spain.

He said that there was nothing. No jobs, not internships for anybody his age in Spain. It was a crisis that had become normality. A global crisis. Continue reading

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What Comes After the Bailout of Portugal

With the bailout of Portugal, all eyes are looking towards Spain. This is the market’s next target. A bailout of Spain would be a magnitude more difficult than the previous bailouts. Its economy is far bigger; more than a trillion dollars in GDP and four to five times bigger than Greece. It has a population of 46 million, several times that of Greece.

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A Russian Perspective on the Russian-Georgian War

This article, by Mikhail Barabanov of the Moscow Defense Brief, provides a fascinatingly perspective. It is from the Russian point-of-view, specifically a military one. Continue reading

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