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Surplus or Stimulus

Surplus or Stimulus René Magritte Le Cri du Coeur 1960 Austerity is over, proclaimed the IMF this week. And no doubt attributed that to the ‘successful’ period of ‘five years of belt tightening’ a.k.a. ‘gradual fiscal consolidation’ it has, along with its econo-religious ilk, imposed on many of the world’s people. Only, it’s not true […]

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The Bag Holder and His Bag

The Bag Holder and His Bag Can you see those swans coming in for a landing on Pond USA? They’re not exactly black swans, because you knew they were out there circling, but they’re dark enough against the twilight’s last gleaming to give you the heebie jeebies. Troubles and portents of more trouble are stacking […]

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European Parliament Censors Its Own Free Speech

European Parliament Censors Its Own Free Speech The rule strikes at the very center of free speech, namely that of elected politicians, which the European Court of Human Rights has deemed in its practice to be specially protected. Members of the European Parliament are people who have been elected to make the voices of their […]

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Europe or Anti-Europe?

Europe or Anti-Europe? MILAN – A knowledgeable friend in Milan recently asked me the following question: “If an outside investor, say, from the United States, wanted to invest a substantial sum in the Italian economy, what would you advise?” I replied that, although there are many opportunities to invest in companies and sectors, the overall […]

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Strange That The Same Point In Time For The Economic Crisis Keeps Coming Up

Strange That The Same Point In Time For The Economic Crisis Keeps Coming Up This video was produced by X22 Report Netherlands is making a move to leave the EU. Theresa May is worried that a Scottish Referendum vote will happen at the same time as the Article 50 vote. Former IMF chief sentenced to jail […]

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Dutch Parliament to Debate Leaving the Eurozone: Nexit on the Way?

Dutch Parliament to Debate Leaving the Eurozone: Nexit on the Way? Potential Eurozone disruption possibilities keep compounding. The Netherlands Parliament will now debate leaving the Eurozone. For example, the Netherlands Parliament will now debate leaving the Eurozone. In long-winded wording for a potential “Nexit”, Reutersreports Dutch relations with euro up for debate after lawmakers commission probe The Netherlands’ future […]

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EU Bailout of Portugal Has Failed

EU Bailout of Portugal Has Failed  This year, 2017, is the beginning of the Sovereign Debt Crisis. While Greece is popping up on the financial radar, the Euro rescue in Portugal has also completely failed to reverse the trend of the country. There has been no effective relief from the debt crisis in Southern Europe. The […]

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From New World Order to Hazy Global Disorder

From New World Order to Hazy Global Disorder The Donald Trump administration and the Brexit severance of ties between the United Kingdom and the European Union have, in a matter of a little over a half year, changed the world from a post-Cold War «new world order» based on American supremacy to a global «disorder» […]

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Cash No Longer King: Europe Moves to Begin Elimination of Paper Money

Cash No Longer King: Europe Moves to Begin Elimination of Paper Money (ANTIMEDIA) — In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and […]

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Italy’s Banking Crisis Is Even Worse Than We Thought

Italy’s Banking Crisis Is Even Worse Than We Thought The insider blame game has begun. In this late winter of generalized discontent, it is not easy to pinpoint just where the biggest threat to Europe’s increasingly flimsy union lies, so intense is the competition. One obvious contender is the Eurozone’s third largest economy, Italy, which […]

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Italy Increasingly Likely to Abandon the Euro

Italy Increasingly Likely to Abandon the Euro An analysis of the political setup in Italy shows eurosceptics are on the verge of taking control of the country. The only missing ingredient is an early election. And early elections are now the odds-on favorite. Let’s back up a bit to fill in the pieces as to how […]

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Things Just Got Serious in Europe’s War on Cash

Things Just Got Serious in Europe’s War on Cash To protect citizens from threats as defined by apparatchiks in Brussels. The central authorities in Europe just launched their most important offensive to date in their multiyear War on Cash. The new move comes directly from the European Union’s executive branch, the European Commission, which just announced its […]

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Europe Proposes Confiscating Gold In Crackdown On “Terrorist Financing”

Europe Proposes Confiscating Gold In Crackdown On “Terrorist Financing” Hot on the heels of China gold import restrictions, and India’s demonetization and gold confiscations, The European Commission proposed tightening controls on cash and precious metals transfers from outside the EU under theguise of shutting down one route for funding of militant attacks on the continent, following the Berlin Christmas attack. […]

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Why Europe must end in tears

Why Europe must end in tears  The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The EU and the euro project have been an economic disaster […]

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Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017

Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017 After dragging Greece kicking and screaming through a never-ending vicious cycle of fiscal adjustment and output decline, the European Commission seems to be softening in its attitude towards other struggling Eurozone economies. France, Italy, Portugal and Spain, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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