Germany Heads for a Technical Recession
This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE… Read More Germany Heads for a Technical Recession
Category: The Euro Debacle
The Euro: A Mindless Idea
Ashoka Mody on the arrogant delusion of the architects of the EU… Read More The Euro: A Mindless Idea
It’s Time to Hear the Ugly Truth: Central Banks Are Propping Up the Market
Here’s the evidence… Read More It’s Time to Hear the Ugly Truth: Central Banks Are Propping Up the Market
Five Doom Loops to Navigate in 2019
Be prepared for the appearance of negative feedback cycles in markets as global monetary stimulus is withdrawn… Read More Five Doom Loops to Navigate in 2019
Brexit: The Great Disappointment
The “European project” has only ever had one real agenda underpinning everything it does: a desire to integrate the countries of Europe so closely under a new system of government centralised in Brussels that it would be extremely difficult for any country to leave it.… Read More Brexit: The Great Disappointment
Les Gilets Jaunes – A Bright Yellow Sign of Distress
Things are much worse than officials and media in Paris have let on… Read More Les Gilets Jaunes – A Bright Yellow Sign of Distress
Explaining France’s Grassroots “Yellow Vest” Movement — And Why It’s Spreading Across Europe
“The marginalisation and impotence felt by ordinary people”.… Read More Explaining France’s Grassroots “Yellow Vest” Movement — And Why It’s Spreading Across Europe
Stunned Parisians Clean Up Posh Central District After Worst Riots Since 1968
The government says it is considering a state of emergency… Read More Stunned Parisians Clean Up Posh Central District After Worst Riots Since 1968
QE Created Dangerous Financial Dependence, Italy Hooked, Withdrawal Next, ECB Warns
“Who will purchase the €275 billion of government debt Italy is to issue in 2019?”… Read More QE Created Dangerous Financial Dependence, Italy Hooked, Withdrawal Next, ECB Warns
Why Brexit Is Just a Sideshow for an EU Beset by Problems on All Sides
Italy is in meltdown, Hungary in open revolt, and the US wants a trade war. Small wonder Europe’s leaders haven’t got much time for Brits… Read More Why Brexit Is Just a Sideshow for an EU Beset by Problems on All Sides
Why’s France so Worried about Italy’s Showdown with Brussels?
The French megabanks are on the hook.… Read More Why’s France so Worried about Italy’s Showdown with Brussels?
Spain’s Mortgage Market Seizes Up, Bank Stocks Sink, Legal Uncertainty Reigns
A fiasco threatens to spiral out of control… Read More Spain’s Mortgage Market Seizes Up, Bank Stocks Sink, Legal Uncertainty Reigns
