Category Full Posts

The Monetary Union and Its Survival

As members of a monetary union, stronger economies have an interest in keeping the problems in the weaker economies from spreading and affecting the rest of the union.  Therefore, there is a common stake at making sure each country is meeting its obligations and doing the best it can to support its economy.  A common […]

The Geography of the Euro Crisis

Much of the high sovereign debt in many euro area countries are direct results of policies that led to high spending in the years before the financial crisis hit in late 2008 (like Greece, Portugal, and to an extent Italy), but in other cases are results of excessive lending by private banks into the real […]

A More Perfect Union: for all People

On this day, two hundred thirty six years ago, America declared its independence and eventually its quest to form a more perfect union.  A union in which each citizen is endowed with certain inalienable rights, of which are life, liberty, and the pursuit of happiness. Each year, Americans gather not just to celebrate the anniversary of […]

This is our moment. This is our time.

Introducing Foda Record: Human history tells us in no uncertain terms that societies change.  As civilizations around the world have advanced throughout history, political realities, economies, and ways of life have evolved.  In this moment of history – the start of the 21st century – we are living in a significant period of change and […]