The Future of the Global Economy Hinges on Four Games of Chicken
Trump’s rows with China and Iran, Brexit and Argentina’s populism put the world on a knife edge… Read More The Future of the Global Economy Hinges on Four Games of Chicken
Category: The Euro Debacle
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
Americans Should Be Very Skeptical Of Calls For New “Terrorism” Laws
It is an established fact that the US government will use the narrative about the need to fight terrorism to advance pre-existing agendas… Read More Americans Should Be Very Skeptical Of Calls For New “Terrorism” Laws
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
Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day
The similarities to Lehman are growing by the day… Read More Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day
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
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
Game Over
Why place any confidence in today’s generation of senior central bankers, when they (and we) are staring at the ruins of the policies they unleashed on the world and are about to unleash again?… Read More Game Over
Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
The continued existence of the Eurozone could be under threat… Read More Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
Is the EU Backsliding On Commitment to Bail In Banks?
EU bank regulation may be in the process of coming full circle, meaning it won’t have gone anywhere at all… Read More Is the EU Backsliding On Commitment to Bail In Banks?
The EU Will Move to Full Fiscal Union, or Disband. The UK Must Hold Course
The monetary union has fused together countries as different as Germany and Italy without forging the institutions necessary to keep the union together. It is a child’s fantasy of a union… Read More The EU Will Move to Full Fiscal Union, or Disband. The UK Must Hold Course
