The former finance minister of Greece talks about his new book Adults In The Room – My battle with Europe’s Deep Establishment. He also discusses the nuclear option he came close to using to dynamite the ECB’s Quantitative Easing program… Read More Yanis Varoufakis Blows the Lid on Europe’s Hidden Agenda
They know: the Eurozone would plunge into a sovereign debt crisis all over again, only worse this time.… Read More German Politicians Hammer the ECB, But Only to Get Votes
British Prime Minister Theresa May is reportedly facing what the Telegraph calls a “secret plot” – well, not so secret any more – involving a “stalking horse” challenge to remove her as prime minister if she caves to Labour demands, and waters down the “Hard Brexit”… Read More Conservatives Prepare “Secret Plot” To Oust UK’s May If She Backs Off “Hard Brexit”
There is no workable government. There is no credible prime minister. Yet somehow Brexit negotiations must begin … Read More Britain is on the Brink of a National Political Crisis
Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy… Read More “Bail-In” Era for Europe’s Banking Crisis Begins
Has the time finally come to test the EU’s bail-in law?… Read More Shock Waves Spread from Spain’s New Banking Crisis
“The countries in the Eurozone face the choice of either moving towards full fiscal and political union,… or they end the monetary union. My sense is there is no middle way”… Read More Europe’s Faustian Bargain with Big Finance
Corporate sovereignty, as an enforceable legal principle, may well be on its last legs in Europe… Read More Financial Times Editorial: Time To ‘Ditch’ Corporate Sovereignty In Trade Deals
Nerves are fraying in the corridors of power of the Eurozone’s third largest economy… Read More In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency”
While Macron’s supporters were jumping for joy at the Louvre and commentators all over the world were hailing Emmanuel Macron’s victory as a triumph for liberal and centrist values, a majority of French people won’t have seen it as a cause for celebration… Read More Eight Reasons Why Emmanuel Macron May Soon Regret His Victory
The UK economy’s prize “asset,” the City of London’s gargantuan financial services industry, is at the top of the menu of the forthcoming Brexit negotiations… Read More Is the City of London about to Lose its Crown Jewel?
Far from the end of Britain, Brexit is far more likely to be the beginning of the end of the disastrous Euro single currency experiment… Read More Is Euroland on Verge of Disintegration?