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?
For many, squatting is a desperate last resort. For others, it’s a lifestyle choice or political statement. Barcelona, ground zero of the phenomenon, attracts squatters from all over Europe. By Nick Corbishley and cross-posted from WOLF STREET: Since the burst of Spain’s madcap housing bubble in 2009, squatting — the unlawful occupancy of uninhabited buildings or unused… Read More How Spain Became a Squatter’s Paradise
As tensions soar over oil and gas development, the international community should actively look to encourage de-escalation… Read More A new Great Game has begun in the Eastern Mediterranean
Intimidation, surveillance and conspiracy theories: inside the FT’s five-year investigation of a billion-dollar fraud … Read More Wirecard and Me: Dan McCrum on Exposing a Criminal Enterprise
45 million people have been furloughed in Germany, the UK, France, Italy, and Spain, but the “unemployment” rate barely budged because furloughs don’t count. Creating government-subsidized zombie companies & zombie jobs?… Read More Bite the Bullet or Extend & Pretend? Unemployment in Europe
Woe betide Europe’s banks if there is a second wave of the coronavirus… Read More Covid-19 is the Last Straw for Europe’s Broken Banking System
Here’s a clue: the word begins with “a” and ends in “y”. … Read More While EU Leaders Squabble, The Elephant in the Room Remains Unnoticed