By Reid Standish Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. - Hamlet Act I, Sc. III It all began innocently enough. Back in 2002, as Greece first adopted the Euro as its currency, the country’s economic forecast was overwhelmingly optimistic. With its new currency and fresh access to the privileges of EU membership, Greece began a bacchanalia of large-scale borrowing. This manifested in a wild period of high-profile projects that went well over budget, such as the 2004 Summer Olympics in Athens. Although…
Continue readingAre we 20 years behind South Africa? By Christopher Nichols I'm sitting on a metal bunk in a medium-security prison in South Africa as I write this. The blazing sunlight and gorgeous natural scenery outside seem strangely juxtaposed with the barred…
Continue reading
How arts organizations in B.C. are impacted by funding cuts, and why they aren’t giving up By Esther Tung Photos By Mark Burnham It’s official — arts and culture funding in B.C. will be frozen for the next three years. The…
Continue reading
