Serban V.C. Enache — Bulgaria and the Euro — How Mosler Bonds could help

MMT-based analysis and policy advice. Short.

Splice Today
Bulgaria and the Euro — How Mosler Bonds could help.
Serban V.C. Enache

Burchard Uhlenbroich — German FM splits with NATO: Symbolic panzer parades on the border are NOT what we should be doing

Someone talking sense.

Fort Russ

German FM splits with NATO: Symbolic panzer parades on the border are NOT what we should be doing

Burkhard Uhlenbroich
In Das Bild, June 18, 2016
Translated from German by Tom Winter

Is NATO buckling under the pressure that the US is creating. It's beginning to look that way.

Zero Hedge
Huge Scandal Erupts Inside NATO: Alliance Member Germany Slams NATO "Warmongering" Against Russia

"I Don't Need A War In The Black Sea" [PM] - Another NATO Member Folds As Bulgaria Refuses To Join Naval Task Force

Posted by Tyler Durden

Joaquin Flores — Psychology of the Balkans War over Pipelines: Greece, Bulgaria and Beyond

Overview

The present war in Ukraine and events in Transnistria are already serious indications that the Balkans and West Black Sea regions are correctly forecasted to be theatres of instability in the coming period. Greece, Bulgaria, Macedonia, and Serbia are critical pieces.

Indisputably, the conflict in Ukraine greatly involves the future of Eurasian natural gas pipeline projects. These cannot be considered geopolitically distinct from Russia-Turkey bilateral relations nor from the pipeline 'cold war' presently taking place in the Balkans. As a general rule, it the Ukraine war demonstrates that between the major power blocs, outright war is indeed 'an option'.
In analyzing the events, the debate primarily surrounds the viability and status of Turkish Stream/South Stream on the one hand, and 'TANAP/TAP' backed by the Atlanticist network.…

Fort Russ
Psychology of the Balkans War over Pipelines: Greece, Bulgaria and Beyond
Joaquin Flores for Fort Russ

Also
Gas Diplomacy in the Balkans on the Move

David F. Ruccio — “Moving with the times”?

This report accords with want some Bulgarian friends now living in the US tell me. They also report that they have close friends in Bulgaria trying to out — "away from the Mafia" is the way they put it. 

Not that they are enchanted with all aspects of American capitalism either. Having grown up in a socialist country, they are amazed and appalled at how a rich country like the US can be so unequal, with those at the bottom being marginalized from society and those at the top living in another world, like the Communist leadership did.

Occasional Links & Commentary

“Moving with the times”?

David F. Ruccio | Professor of Economics University of Notre Dame Notre Dame

Andrew Korybko — Macedonian media: patriots defeated Color Revolution

Destabilization in the Balkans.

Oriental Review

Macedonian media: patriots defeated Color Revolution

Andrew Korybko

John Henley — Romania and Bulgaria: 'If people go to Britain, of course it's to contribute'

… a nervous coalition government has rushed out measures making new arrivals wait longer before they can claim benefits – and, more controversially, is calling for a wider debate on the principle of free movement within the European Union and perhaps even an EU migration cap.

Of course, immigration of labor is what is supposed to happen to make the euro work. Now that it is happening, political resistance is rising to immigration that will force wages in that country down. But employers will be happy with being able to offer lower wages and salaries. 

This is political issue especially in Britain since, while a member of the EU, the UK is not a member of the EZ. 

And, of course, emigration will further hurt the "contributing" countries since they will lose highly qualified workers to higher paying nations through this "brain drain."

But everyone knew this when they signed up for the EU and EZ, right?

The Guardian

Romania and Bulgaria: 'If people go to Britain, of course it's to contribute'

Jon Henley

gjohnsit — The pitchforks are coming out in Europe

When you think of governments ready to fall in Europe, you probably think of Greece or Spain. Instead it is Italy that is warning of a violent insurrection.

 Events in Italy are turning serious. President Giorgio Napolitano has warned of “widespread social tension and unrest” in 2014 as the Long Slump drags on.
   Those living on the margins are being drawn into “indiscriminate and violent protest, a sterile lurch towards total opposition”

The protest movement in Italy is literally called the Pitchfork Movement (Movimento dei forconi). Their demands are no less than the overthrow of the government.

Daily Kos
The pitchforks are coming out in Europe
gjohnsit

MMT Conference in Bulgaria organized by the Union of Economists in Bulgaria (UPB) , World Economy, Sofia and Bulgarian blog Bulgaria and MMT.

BULGARIA AND MODERN MONETARY THEORY (MMT)
MMT visit Sofia


[Google translate follows with slight editing]


Friends

I am pleased to officially announce the holding of scientific economic roundtable on "modern monetary theory: relevance and applicability in modern economic science", organized jointly by the Union of Economists in Bulgaria (UPB) , World Economy, Sofia and Bulgarian blog "Bulgaria and MMT. " Facebook event page is located here :

The round table will be held at the following preliminary program:

1. Welcome all the participants in the forum by Prof. Stati Stattev rector of World Economy and Professor Elka Todorova, Chairman of the SIB.

2. Introductory discussion 10:00 to 12:00 hours, moderator Professor K. Petkov.

3. Introductory presentations Warren Mosler, Prof. Pavlina Tcherneva, Raycho Markov working in the U.S., travel to Sofia for the special event.

4. Discussants: Prof. Dr. Mileti Mladenov World Economy, Gergana Yordanova expert BNB and PhD. etc. Lyubomir Hristov - to be confirmed.

5. Coffee break from 12:00 to 12:20 hours.

6. For discussion, moderator of the World Economy.

7. Closing ceremony and a press statement.

We invite all who are interested to hear discussions to mark its presence on Facebook page. Due to some technical reasons, we still have no information about the capacity of the hall in the University, but I think it will become clear shortly after October 20.

Useful materials on modern monetary theory, will be posted on the event page . Thus discussants at the roundtable, and viewers will be able to get acquainted with them could have prepared questions and topics for discussion during the event.

Twitter dispute: MMT against professor Steve Hanke of Cato Institute, known as “the father of Bulgarian currency board” and the neo-liberal economist Vladimir Karolev

Good one.

Bulgaria And Modern Monetary Theory (MMT)
Twitter dispute: MMT against professor Steve Hanke of Cato Institute, known as “the father of Bulgarian currency board” and the neo-liberal economist Vladimir Karolev

R. V. Markov | MMT in Bulgaria

Warren Mosler12 юли 2013, 10:49a currency board is an instrument of colonial exploitation, designed to force net exports in exchange for net financial assets via downward adjustment of real wages via 'deflation.'

It's not wrong to call it a crime against humanity.

www.moslereconomics.com

R. V. Markov — Fund raising for organization of the first MMT conference in Bulgaria

Fund raising for organization of the first MMT conference in Bulgaria.

Набиране на средства за организирането на първата ММТ конференция в България

BULGARIA AND MODERN MONETARY THEORY (MMT)
БЪЛГАРИЯ И МОДЕРНАТА МОНЕТАРНА ТЕОРИЯ (ММТ)
Submitted by R. V. Markov

Please help out to the degree you are able. Social protest is underway in Bulgaria, and Bulgarians need a solution to pick up. Help make it MMT.

Anti government protest, Sofia Bulgaria 14.06.2013

From a friend on FB:

Big protest down the street near where I'm staying in [Sophia] Bulgaria. People are protesting the endless corruption on all levels of society. Reminds me of when I took to the streets to try and end the Vietnam War in America. Very exciting time. Even now, I can hear the passionate chanting of huge crowds not far away. It's time for a change here and the people are empowering themselves at last!

Anti government protest, Sofia Bulgaria 14.06.2013