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Troika Maneuvering to Rig Greek Referendum

July 3, 2015

Troika Maneuvering to Rig Greek Referendum In a TV interview, Mr. Varoufakis said very clearly, “This is a very dark moment for Europe. They have closed our banks for the sole purpose of blackmailing what? Getting a ‘Yes’ vote on a non-sustainable solution that would be bad for Europe.” I must admit, most politicians do not […]

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I Fear The Greeks, Even When They Bring Gifts

June 28, 2015

I Fear The Greeks, Even When They Bring Gifts Just another normal morning at the Automatic Earth. Shaking off the local drink – when in Rome.. – and perusing a thousand views and pieces, many on the inevitable topic of ‘Da Referendum’. And I got to say, I can’t even tell whether it’s just me, […]

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The Greek Butterfly Effect

June 28, 2015

The Greek Butterfly Effect Many times nothing happens for a long time. Then all of a sudden everything happens at once. Like a dam break. It builds slowly and then it bursts. Example: Who would have ever thought the Confederate flag would be taken down across the South during the same week that a rainbow flag is symbolically hoisted […]

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Greece Invokes Nuclear Option: Tsipras Calls For Referendum

June 26, 2015

Greece Invokes Nuclear Option: Tsipras Calls For Referendum Update: Greek PM Alexis Tsipras has announced a referendum in a televised speech to the nation after another day of fractious negotiations with creditors closed without a deal. The dramatic move comes after Athens rejected a proposal from the troika aimed at delivering some €16 billion in aid […]

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UK’s Cameron will move EU referendum forward if possible | Reuters

January 4, 2015

UK’s Cameron will move EU referendum forward if possible | Reuters. (Reuters) – Prime Minister David Cameron said on Sunday he would like to bring forward a planned referendum on Britain’s membership of the European Union from 2017 if possible. Under pressure from Eurosceptic members of his own party and the rise in popularity of […]

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EU imposes sanctions on Ukraine rebel vote organizers | Reuters

November 29, 2014

EU imposes sanctions on Ukraine rebel vote organizers | Reuters. (Reuters) – The European Union has imposed sanctions on the organizers of rebel elections in eastern Ukraine this month, the bloc said on Saturday, hitting the separatists and their organizations with asset freezes and travel bans. As reporting by Reuters on Thursday, EU governments decided to add […]

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Switzerland’s Referendum on Gold |

October 20, 2014

Switzerland’s Referendum on Gold |. The Swiss National Bank (which is run by a bunch of Keynesian dunderheads – not too surprising for a central bank, but somewhat surprising for Switzerland) is trying its best to somehow thwart the upcoming referendum on gold. If the referendum is successful, at least 20% of the SNB’s assets […]

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