The presence of thousands of brothels and hundreds of thousands of prostitutes has heightened competition and pushed prices down steeply in the German sex trade. One tourist from Florida, who visits the country three times annually to pay for cheap sex, compares the scene to a discount supermarket: “Germany is like Aldi for …
Germany
No One Has to Work as Little as an American to Afford Beer
After a mere five minutes on the job, an American worker has earned enough money to be able to buy a beer. We’re #1!
Why the Falling U.S. Birth Rates Are So Troubling
We’re becoming Europe. At least, that’s what a long line of U.S. birth-rate figures seems to being telling us. And that’s bad news for the future of the country.
More Relief for Euro as German Court Gives OK to Bailout Fund
Second important decision in the euro’s favor in less than a week sparks rally in stocks and on currency markets
‘Super Mario’ Rides to the Euro’s Rescue
ECB plan to buy sovereign bonds of euro nations under market attack marks significant shift in policy
Europe’s Debt Crisis Seems Bad? Look at Its Car Industry
Think the bleak news flowing from Europe’s debt crisis is depressing? Check out the region’s auto industry, whose tumbling sales and excess production capacities have many experts anticipating a spate of mass layoffs and …
Why Thursday’s Euro Summit Really Is a Make-or-Break Moment. Really.
Once again, leaders of the 27 European Union nations are holding a crisis summit meeting to tackle a spreading economic crisis and shore up the floundering euro. Once again there are ambitious proposals on the agenda of the …
Greek Voters Provide a Respite for the Euro, but for How Long?
Europe may be relieved by the outcome of the Greek parliamentary elections, but there are still significant obstacles to overcome for Greece to remain in the euro zone
Curious CapitalistEurope
Europe Crisis: “Bad Romance” on a Global Scale
If there were an official anthem for the European debt crisis, it would be Lady Gaga’s “Bad Romance,” and not just because the pop star croons a few lines in French and chants the name of a continental European capital. The …
Which Advanced Economy Has the Most Debt?
With all the talk of Greece’s impending exit from the euro zone, debt is once again in the headlines. Greece’s massive public sector debt, coupled with its inability to devalue its currency, has put the country at risk of …
European Voters Have Rejected Austerity—So What Happens Next?
4 Ways the Euro Could Fail
All courses of action appear to lead to an eventual financial crisis of some sort. But moderate progrowth policies are the best bet to minimize the damage
