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Debt is the Hidden Issue in The European Elections
Debt is the Hidden Issue in The European Elections The citizens of the European Union are called to vote this week for the European Parliament. It is not a real parliament, and it lacks prospects for becoming one, since all important decisions are taken by the unelected heads of the European Commission and the European […]
Blain’s Morning Porridge – May 22 2019 – Tesla and Yoorp worries
Blain’s Morning Porridge – May 22 2019 – Tesla and Yoorp worries “When the bough breaks…” Have you ever watched a house of cards collapse? Sometimes a corner or a side comes down, and it can be sort of fixed… Sometimes the whole thing just gets blown away. My Spidey Senses are all a-tingle this […]
When Deutsche Bank’s Crisis Becomes Our Crisis
When Deutsche Bank’s Crisis Becomes Our Crisis Our friends in Europe seem totally incapable of addressing their failing financial sector. And that’s not good for anyone. By anandoart/Shutterstock Americans generally think of Europe first as a wonderful place to visit. They rarely ponder the economic and financial ties between the United States and European Union, but […]
New money meets the cost of change: how local currencies save economies and communities, and help them flourish
New money meets the cost of change: how local currencies save economies and communities, and help them flourish In times of crisis and other upheavals, local communities have discovered that one answer to being failed by the mainstream economy is to print your own currency. Responses also range from age-old barter systems to time-banking and […]
Beneath the Surface of Brexit
Beneath the Surface of Brexit Geography matters, the balance of power matters, and democracy–it’s not yet clear if democracy matters or not. I’ve been asked to comment on Brexit. I’m happy to do so, but not by promoting a position yes or no, or by attempting to unravel the political machinations, as I have neither the knowledge nor the […]
Europe’s food imports devour rainforests
Europe’s food imports devour rainforests Europe’s food imports swallow large amounts of tropical deforestation. Image: By Sander Dalhuisen on Unsplash Human appetites drive global rainforest destruction. Now science has measured how Europe’s food imports leave scorched tropical soils and greenhouse gases. LONDON, 5 April, 2019 − European scientists have worked out how European consumers can reduce tropical forest loss and cut […]
Blain’s Morning Porridge – March 18th 2019
Blain’s Morning Porridge – March 18th 2019 “It’s the edge of the world and all of western civilization, the Sun may rise in the East at least its settled in a fine location..” In the headlines this morning: https://www.morningporridge.com/stuff-im-watching What a Saturday…Well done Wales on a well-deserved Grand Slam. But, I wonder if there is a […]
Time Runs Out on U.S. Opposition to Nordstream 2
Time Runs Out on U.S. Opposition to Nordstream 2 The Nordstream 2 pipeline represents the last stand of U.S. influence over the internal affairs of Europe. Once finished it will stand as a testament to the fundamental split between the European Union and the United States. Europe will this as its first successful defense of its […]
Europe is so weak it can’t even handle 0% interest rates
Europe is so weak it can’t even handle 0% interest rates Europe’s leading economic policy makers have officially thrown in the towel. Last week, the European Central Bank admitted economic conditions are so dire that it already has to reverse its monetary policy. I’ll get back to that in a minute… Following the Great Financial Crisis in […]
Federal Reserve Chairman Appears on 60 Minutes – Why Now?
Federal Reserve Chairman Appears on 60 Minutes – Why Now? One of the most famous, and prescient, financial cartoons in American history is the above depiction of the Federal Reserve Bank as a giant octopus that would come to parasitically suck the life out of all U.S. institutions as well as free markets. The image is […]
America and Europe: Growing differences over Iran
America and Europe: Growing differences over Iran The United States’ and Poland’s co-hosted conference in Europe is a controversial event. It has united some American allies around President Donald Trump’s aggressive anti-Iran posturing while alienating some others. The Summit demonstrated divisions amongst European Union member states on the current American administration’s foreign and security policies. It also […]
Gold Rising Because it Protects Against Government – Martin Armstrong
Gold Rising Because it Protects Against Government – Martin Armstrong Legendary geopolitical and financial analyst Martin Armstrong continues to be bullish on America. Armstrong contends, “The U.S. economy has been the only thing holding up the world. People do not realize what is the difference between the U.S. vs. the rest of the world? China […]
Blain: European Banks Are The Most Successful Ponzi Scheme Of All Time
Blain: European Banks Are The Most Successful Ponzi Scheme Of All Time “Lenin was right. There is subtler, no surer means of overturning the existing basis of society than to debauch the currency.” I must post this line from one of my favourite Financial sector commentaries – Duncan Farr of Jeffries who covers banks: “Here we […]
Merkel Stands Against Trump’s Energy Dominance
Merkel Stands Against Trump’s Energy Dominance German Chancellor Angela Merkel’s speech at the Munich Security Conference this weekend was met with resounding approval from the gathering. Throwing barbs back at US Vice President Mike Pence over a myriad of issues Merkel expressed Europe’s dissatisfaction with the Trump administration’s belligerence and lack of diplomacy. And that’s […]
