A Chance To Tell


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Being a pastor and a rapper is a great way to identify with your congregation in a modern way to deliver the message of God for all to hear. I know that when I was young and impressionable I would have loved having a pastor who was that hip and in tune with the world as we knew it at the time.

What a blessing in itself that would have been. The song is a hip-hop celebration, with a great story, great message, cool rhymes, fab chorus, with great harmonies, and I think that if given the chance it could be a huge hit, albeit crossing over from a gospel single to mainstream hip-hop is unusual, I think real music lovers of the genre will find it inspirational, familiar in sound taking you back to a wonderful time in music , and all around an enjoyable listen.

Vinny Peculiar's 14th Album 'Return of the Native' is They also correlate with the faux-moralistic approach to crisis management that has driven a wedge between the core and the periphery, while compounding many of the problems it was meant to address. There are two key issues that need to be addressed.

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The first is the idea of solidarity, which has been a buzzword for eurozone policymakers. The definition of solidarity is when groups or individuals act together for a common purpose. However, when European officials talk about solidarity in the context of the euro crisis, they present it as a one-way transaction: The program countries were in danger of going under but were rescued with loans provided by their partners.


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This is not false but it is a very limited interpretation of what has happened over the last few years: Members of a single currency that lacked fiscal unity and the tools to deal with a crisis ran into economic problems and were bailed out with loans that came with strict conditionality. Although this staved off disorderly defaults and the pain they would bring, meeting the bailout conditions put a severe strain on the economies of the countries concerned. They put their public finances in order, they embarked on structural reforms and endured falls in their economic output and rises in unemployment levels.


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At the same time, some of the eurozone member-states providing the loans were able to shore up their defenses against a crisis in their banks, which had lent freely to the bailed-out countries in previous years, and within their eurozone. While they put up the firewall, Spain, Cyprus, Portugal and Greece felt the heat of shuttered businesses, job losses and rising emigration, especially among their young people. Apart from the fact that this conjures up a nasty image, it is a misreading of how the eurozone worked.

It is true that the onset of the crisis found Greece, Ireland, Spain, Portugal and Italy with a collective current account deficit of almost 7 percent of their GDP.

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But the core, including Germany and the Netherlands, recorded a surplus of around 6 percent of their GDP. The crisis brought these flows to a sudden stop.


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Had the periphery invested its newfound borrowed wealth wisely?

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