Tag Archive: Maastricht Treaty


A year back George Soros gave a speech on the Euro Crisis, Could be one of the best speech have heard in the financial domain. After 1 year imagesEuro remains Status quo with some positive signs. Here is the complete speech

He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.

He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences.

Putting the radically approachinspired by Karl Popper who taught him that people’s interpretation of reality never quite corresponds to reality itself. This led him to study the relationship between the two. There is a two-way connection between the participants’ thinking and the situations in which they participate. On the one hand people seek to understand the situation; that is the cognitive function. On the other, they seek to make an impact on the situation; he termed that the causative or manipulative function.  Continue reading

George Soros gave a speech this year in June 2012, Could be one of the best speech have heard in the financial domain.

He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.

He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences. Continue reading

 

I have 395 posts in my blog fortunately came to know that lot of articles where complicated so I thought of doing the

The powerful European Central Bank [ E C B ] i...

series back to school, so that the post relating to the ongoing crisis can be linked and easily understood. Will try to post them as simple as possible. Starting today the formation of European Monetary Union (EMU). The formation of EMU took place in 3 stages :-

1) Formation of European Economic Community (EEC)
2) Establishment of European Monetary system (EMS)
3) Introduction of common currency EURO (EUR)

1) Formation of European Economic Community (EEC) : Six countries namely Continue reading

George Soros gave a speech this year in June 2012, Could be one of the best speech have heard in the financial domain.

He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.

He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences.

Putting the radically approach Continue reading

%d bloggers like this: