Spiral downward and No exit! (tags)
The austerity dictates imposed on the Eurozone are only exacerbating the crisis they are supposed to be fighting. The austerity measures are leading to a collapse in domestic demand.
The red giant's plastic problem (tags)
A tattered Coca-Cola flag flutters on the beach of Ixia on Rhodes: every year, the beverage company produces more than 100 billion single-use plastic bottles. Many of them end up in the sea...In a few years, there is likely to be more plastic swimming in the oceans than fish.
To Krugman, the increasing ideological blindness of German politicians can only be explained by their belief that "hard times must be the necessary punishment for earlier excesses." Krugman overlooks that the hard times and excesses do not concern the same people.