The advent of a Draghi government speaks volumes about the nature of Italian (post-)democracy, and the perverse effects that the euro has had on the country’s economic, social and political fabric… Read More Mario Draghi Is the Problem, Not the Solution
The prominent Left-wing intellectual Perry Anderson has just published a comprehensive and crushing indictment of the EU from its beginnings to the present. Robert Tombs provides a summary for those who might balk at reading the whole 50,000 words.… Read More A Devastating Indictment of the EU
There’s a gigantic, well-organized, extremely violent fascist group with tens of thousands of active members in Germany right now.
And nobody notices.
If the EU is successful, users will no longer enjoy protection from the prying eyes of government and criminals on popular messaging apps like WhatsApp and Signal… Read More In Fresh Blow to Online Privacy, EU Seizes on Vienna Attack to Enact Long-Desired Ban on Encryption
There is a clear danger that the eurozone could relapse into a double-dip recession before it has regained more than half of the output lost during the first wave of the pandemic… Read More ECB Fears Covid Could Trigger a Financial Crisis
The effect of fear on the general population, and the ability of politicians to manipulate that fear to advantage, should not be underestimated as a danger to society… Read More Covid-19 and the Political Utility of Fear
Perhaps the only realistic thing left to do at this point is to give people back their own responsibility, if only because taking it away from them didn’t work… Read More How Not to Do Corona
The global financial crisis that began in 2007/2008 never really ended. It was merely patched up, prolonged, and put on life support by central bank interventions.… Read More Do Recent Central Bank Moves in Gold Market Portend a 2020 Global Monetary Reset?
Eurozone slides further into a debt-deflation trap, risking a protracted economic depression in the south and slow-motion insolvency crisis… Read More Deepening Deflation Pushes Southern Europe Closer to a Debt Spiral
You have to read between the lines to decipher the perfidious plan… Read More Ursula Von Der Leyen Wants to Push a Unified Digital Identity on All EU-citizens
Leaks about money laundering, a resurgent Pandemic, China risks, exposure to Turkey’s financial crisis, all in a negative-interest-rate environment that is toxic for banks… Read More Hit from All Sides, European Bank Stocks Swoon to 1988 Low
Saving the Zombies in Europe… Read More What’s to Be Done Now with All These Zombie Companies?