Palace Revolt at the ECB, Legitimacy of Policy out the Window
Draghi’s desperate shenanigans thicken… Read More Palace Revolt at the ECB, Legitimacy of Policy out the Window
Category: Europe
How Negative Interest Rates Screw Up the Economy
Now they’re clamoring for this NIRP absurdity in the US. How will this end?… Read More How Negative Interest Rates Screw Up the Economy
Enjoy The Holidays: Autumn Could Get Nasty
A perfect storm is brewing which could soon hit Europe hard… Read More Enjoy The Holidays: Autumn Could Get Nasty
We Tested Europe’s New Lie Detector For Travellers — And Immediately Triggered a False Positive
Welcome to the future of border security… Read More We Tested Europe’s New Lie Detector For Travellers — And Immediately Triggered a False Positive
Spanish Intelligence Knew of Terror Cell Ahead of Barcelona Attack, Say Reports
Imam who masterminded the 2017 strike had been acting as an informant. The day after the Barcelona and Cambrils attacks, the intelligence file on the imam was reportedly wiped out… Read More Spanish Intelligence Knew of Terror Cell Ahead of Barcelona Attack, Say Reports
Is There a Stealth Financial Crisis? Alarm Bells Are Ringing.
The markets are showing disconcerting parallels with late 2007… Read More Is There a Stealth Financial Crisis? Alarm Bells Are Ringing.
The Death of the Liberal Idea
What is the author of “The Art of the Deal” to do when nobody wants to negotiate any more deals with the US, now knowing full well that the US always finds ways to renege on its obligations?… Read More The Death of the Liberal Idea
What the ECB Didn’t Say About Monte dei Paschi’s Bailout
The Italian lender’s earnings have been hobbled by hidden losses and bad loans.… Read More What the ECB Didn’t Say About Monte dei Paschi’s Bailout
ECB To Italian Government: Your Gold Is Ours
The ECB is letting the Italian government know that it won’t sit by and allow the Bank of Italy to sell off its gold reserves to help right the country’s troubled finances… Read More ECB To Italian Government: Your Gold Is Ours
Brexit: Democracy Porn
As with real life porn, voters can watch but they can’t participate … Read More Brexit: Democracy Porn
Bad Loans Still Too High at Eurozone Banks, ECB Warns
NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus… Read More Bad Loans Still Too High at Eurozone Banks, ECB Warns
Lordy, Deutsche Bank Is Having a Nightmare Month
Even by its own recent standards… Read More Lordy, Deutsche Bank Is Having a Nightmare Month
