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Tag Archives: european union
Monetary Unions – How Fast Can They Collapse?
Monetary Unions – How Fast Can They Collapse? QUESTION: Mr. Armstrong; Nobody seems to be able to answer this question. How fast would the Euro disintegrate if the EU appears to be on the verge of collapsing assuming Britain were to leave? There is a consensus that other states would then begin to also prepare referendums to […]
A Dire Future
A Dire Future Do you remember all the hopes Americans had for Obama when we elected him to his first term? Painful memories. He betrayed the voters on every one of his promises. There was no change, except for the worst as Obama went on to become one of the most vicious war criminals in […]
Somnolent Europe, Russia, and China
Somnolent Europe, Russia, and China Can the world wake up? On September 19, 2000, going on 16 years ago, Ambrose Evans-Pritchard of the London Telegraphreported: “Declassified American government documents show that the US intelligence community ran a campaign in the Fifties and Sixties to build momentum for a united Europe. It funded and directed the European […]
How A Collapse In South America Could Trigger Martial Law In The U.S.
How A Collapse In South America Could Trigger Martial Law In The U.S. If an economic system collapses in the woods and no one is paying attention, are there any consequences outside the woods? Well, yes, of course. As with most situations financial and global, however, consequences are not usually taken very seriously until they have […]
A Torrid Week for the Transatlantic Corporatocracy
A Torrid Week for the Transatlantic Corporatocracy The carefully woven fabric is unraveling. A new survey conducted by YouGov for the Bertelsmann Foundation showed that only 17% of Germans believe the Transatlantic Trade and Investment Partnership (TTIP) is a good thing, down from 55% two years ago. In the United States, only 18% support the deal compared to 53% […]
Affairs of State
Affairs of State Insulting Mr. Erdoğan Can Be Dangerous Most of our readers are probably aware by now that the German government finds itself in a rather awkward situation over its relations with Turkey’s government again – with which the EU has just struck a widely criticized and very expensive deal to help it stem the flood […]
With Impeccable Timing, ‘Economic Miracle’ in Spain Unravels
With Impeccable Timing, ‘Economic Miracle’ in Spain Unravels The European Union on the verge. Since the granddaddy of all housing bubbles popped in Spain between 2008 and 2009, unleashing one of the deepest recessions in living memory, the nation’s public debt has more than doubled, from just over 40% of GDP to almost exactly 100% […]
Draghi at War with Reason & Other Central Banks
Draghi at War with Reason & Other Central Banks Tensions are starting to rise between Germany and the ECB because Draghi will not admit his negative interest rates are causing an economic meltdown. “We continue to expect them (interest rates) to remain at present or lower levels for an extended period of time, and well past […]
It’s Gotten So Bad in Europe, Even Eurocrats Begin to Worry
It’s Gotten So Bad in Europe, Even Eurocrats Begin to Worry You know that things are bad when even the firmest believers begin questioning their faith. That’s what’s starting to happen in Europe, where the EU faces a dizzying constellation of threats and challenges and even the staunchest of eurocrats are beginning to express doubts. […]
EU parliament chief warns of bloc’s ‘implosion,’ says people lost trust in ‘entire institutions’
EU parliament chief warns of bloc’s ‘implosion,’ says people lost trust in ‘entire institutions’ European Parliament President Martin Schulz. © Vincent Kessler / Reuters Many people have lost trust in “entire institutions, whether national or European,” EU parliament Chief Martin Schulz says. He sounded the alarm over a possible “implosion of the EU” due to the […]
The Catastrophic Mismanagement of the Economy & The Coming Meltdown
The Catastrophic Mismanagement of the Economy & The Coming Meltdown We are finishing up the “Pension Crisis – The Next Nightmare,” which is a special report outlining the next global meltdown. Germany’s Federal Finance Minister Schaeuble is now openly blaming Mario Draghi for the electoral success of the AFD in Germany, which is the Alternative for Germany (In German: Alternative für […]
Bank Bail Ins Begin as EU Bank “Bailed In” In Austria
Bank Bail Ins Begin as EU Bank “Bailed In” In Austria Bank bail ins in the EU are here after Austria’s financial markets regulator FMA imposed a hefty haircut on creditors in an Austrian bank. Creditors in the bank Heta Asset Resolution will receive less than half of their money back according to the country’s financial regulator, […]
Call for Cameron to Resign over Panama Papers
Call for Cameron to Resign over Panama Papers The revelation that David Cameron’s father had offshore accounts through Panama has continued to plague Cameron and could create a nudge toward the tipping point come the BREXIT vote in June. “I know that I should have handled this better, I could have handled this better. I know there […]
Austria Just Announced A 54% Haircut Of Senior Creditors In First “Bail In” Under New European Rules
Austria Just Announced A 54% Haircut Of Senior Creditors In First “Bail In” Under New European Rules Just over a year ago, a black swan landed in the middle of Europe, when in what was then dubbed a “Spectacular Development” In Austria, the “bad bank” of failed Hypo Alpe Adria – the Heta Asset Resolution AG […]
