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Tag Archives: europe
Truth Has Become Un-American
Truth Has Become Un-American Those of us who have exited The Matrix are concerned that there are no checks on Washington’s use of nuclear weapons in the interest of US hegemony over the world. Washington and Israel are the threats to peace. Washington demands world hegemony, and Israel demands hegemony in the Middle East. There […]
NATO Builds Infrastructure for Permanent Military Presence Near Russia’s Borders
NATO Builds Infrastructure for Permanent Military Presence Near Russia’s Borders A group of about 50 combat engineers based at Canadian Forces Base Gagetown were deployed to Latvia on April 29 as part of Operation Reassurance. The mission is to build a town for 500 soldiers. According to commanding officer Lt.-Col. Chris Cotton, the installation will have «everything you would expect […]
Italy Warns Sudden Collapse Of Alitalia Would Lead To “Great Shock” For The Economy
Italy Warns Sudden Collapse Of Alitalia Would Lead To “Great Shock” For The Economy That Italy has a bank solvency problem will not come as a surprise to anyone who has been following events in Europe for the past 7 years. Just yesterday, Italian daily La Stampa reported that four months after the third government […]
The Fate of the Euro
The Fate of the Euro QUESTION: The bounce in the Euro is a fool’s’ game? ANSWER: Absolutely. The Euro is doomed because especially if Le Pen loses, Brussels will be relieved and proceed as usual. The same problems will merely exist and no reform will come forward to save the day. A good wind will […]
The High Cost of Renewable Subsidies
The High Cost of Renewable Subsidies I have for some time wanted to get to the bottom of renewable subsidies and their impact upon electricity prices. But the complexity and opacity of the system has always defeated me. And then last week a report titled “Status Review of Renewable Support Schemes in Europe” landed in […]
So Many Triggers
So Many Triggers It’s not a story that’s likely to appear on the evening news, but it certainly should. Deutsche Bank has announced that it will create more shares, selling them at a 35% discount. Existing shareholders have not been pleased and, in the first four days since the offer was announced, the value of […]
Here’s Why Italy’s Banking Crisis Has Gone Off the Radar
Here’s Why Italy’s Banking Crisis Has Gone Off the Radar Just how many banks are insolvent? Turns out, a lot! But elections are coming up. For a country that is on the brink of a gargantuan public bailout of its toxic-loan riddled banking sector, or failing that, a full-blown financial crisis that could bring down […]
The Future – Putting it All Together
The Future – Putting it All Together This is the year of political hell. The question is not about supporting one side or the other. This is a time that calls for us not to be small petty creatures but a case that requires rational human beings, which seems to be more impossible with each […]
Bill Gross: “Our Financial System Is A Truckload Of Nitroglycerin On A Bumpy Road”
Bill Gross: “Our Financial System Is A Truckload Of Nitroglycerin On A Bumpy Road” Courtesy of Bill Gross’ latest monthly letter “Show Me The Money“, here are some perspectives on the only thing that has kept the global economy going since the financial crisis: debt, and lost of it. in 2017, the global economy has […]
Democrat v Republican
Democrat v Republican We are perhaps witnessing the political crisis of a life time. Our model has been projecting this crisis and I warned more than 20 years ago that the Democratic Party was in serious decline. Keep in mind that Trump effectively became a third party candidate within the Republican Party. So by no […]
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 […]
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 […]
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 […]
Concerns Grow About A Nuclear “Incident” In Europe After Spike In Radioactive Iodine Levels
Concerns Grow About A Nuclear “Incident” In Europe Concerns about a potential, and so far unsubstantiated, nuclear “incident”, reportedly in the vicinity of the Arctic circle, spread in the past week after trace amounts of radioactive Iodine-131 of unknown origin were detected in January over large areas in Europe according to a report by the Institute for […]
