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Risk Forecasts Have Increased – So, Too, Have Opportunities

By John S. Tobey

Risk one-upmanship is upon us. The possible dire consequences from the European Union’s (EU’s) Greek troubles now have moved from widespread contagion, itself a stretch, to forecasts of the EU’s dissolution and the Euro’s abandonment. Goldman Sachs calls this outlook, “ridiculous,” saying the Euro’s decline actually may be at or near the bottom (“O’Neill... »

EU Uses Greece to Expand Powers – Countries Are “Sovereign-Lite”

By John S. Tobey

Ever been in a situation where one misbehaving peer (at home, in school or at work) ends up causing pain for everyone else? Rather than sending the naughty person to the corner, the principal or the HR department, the parent/teacher/boss uses the behavior as an excuse to add new rules that apply to everyone.... »

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