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“We Cannot Afford another Draghi”: Germany Attacks ECB
“We Cannot Afford another Draghi”: Germany Attacks ECB Negative interest rates, helicopter money trigger Clash of Titans. Relations between the government of Europe’s biggest economy, Germany, and Europe’s most powerful financial institution, the European Central Bank, have soured to the point of curdling. The latest volley of barbed remarks came from Germany’s dour Finance Minister […]
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. […]
America Now Preparing for World War III
America Now Preparing for World War III Because this article states so many things that might be likely to contradict what most people in Western countries have been led to believe, readers here are especially strongly encouraged to click onto any allegation which seems at all questionable, in order to get to the sources behind […]
As Ukraine Collapses, Europeans Tire of US Interventions
As Ukraine Collapses, Europeans Tire of US Interventions On Sunday Ukrainian prime minister Yatsenyuk resigned, just four days after the Dutch voted against Ukraine joining the European Union. Taken together, these two events are clear signals that the US-backed coup in Ukraine has not given that country freedom and democracy. They also suggest a deeper […]
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 […]
German and Dutch objections to ECB QE are ignored
German and Dutch objections to ECB QE are ignored From today’s Open Europe news summary: ECB Minutes show deep divisions over stimulus measures Minutes of the March meeting of the ECB governing council, released on yesterday reveal deep divisions amongst its members over the latest round of ECB stimulus. The Dutch and German members were […]
Dutch Voters Reject Ukraine Deal
Dutch Voters Reject Ukraine Deal Dutch voters struck a blow against the E.U.’s Ukrainian association agreement – and the incessant Russia-bashing that has surrounded it – creating hope for less belligerence in Europe, writes Gilbert Doctorow. On this overcast Thursday morning in Brussels, the political capital of Europe, rays of bright sunshine are breaking through […]
US scares Europe with ‘mythical’ Russian threat to justify military costs – Russian envoy to NATO
US scares Europe with ‘mythical’ Russian threat to justify military costs – Russian envoy to NATO © Michael Dalder / Reuters The US is using “mythical” Russian aggression as a European boogeyman to justify increasing defense spending while also hoping to revive NATO’s failing mission amid growing global security threat, Russia’s envoy to the alliance […]
JPM, ECB Hint At Arrival Of “Helicopter Money” In Europe Following Next “Significant Downturn”
JPM, ECB Hint At Arrival Of “Helicopter Money” In Europe Following Next “Significant Downturn” Moments ago, ECB governing council member and Bank of Italy governor Ignazio Visco had some very troubling comments. He said that while helicopter money is not currently part of the discussion in the Governing Council that “no policy tool within our mandate […]
ECB Losing Control
ECB Losing Control In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators. Italy’s government had to address the plight of Italian banks which now seems to be significant as both houses of parliament voted to create a state fund for bad loans. On Tuesday, the government announced that they planned to […]
Mises.org: And So It Begins…Negative Interest Rates Trickle Down in Japan
MISES.ORG: AND SO IT BEGINS… NEGATIVE INTEREST RATES TRICKLE DOWN IN JAPAN The negative interest rates imposed by the Bank of Japan have begun to make their way into the Japanese banking system. Japanese trust banks have begun to impose negative interest rateson accounts held by institutional investors. It shouldn’t be surprising that Japanese banks are […]
In 20 Words The ECB Explains The Business Model Of Every Central Bank
In 20 Words The ECB Explains The Business Model Of Every Central Bank There were two notable things about a report released by the ECB this morning as part of its Occasional Paper Series titled “Profit distribution and loss coverage rules for central banks“, which purportedly analyzes “how profit distribution rules can affect the amounts distributed […]
Unlimited Propagandistic Lying from CNN
Unlimited Propagandistic Lying from CNN On Saturday April 2nd, CNN headlined, “U.S. F-15s Deployed to Iceland,” and Zachary Cohen opened: Demonstrating its commitment to a ‘free’ and ‘secure’ Europe, the United States deployed 12 F-15C Eagles and approximately 350 airmen to Iceland and the Netherlands on Friday, the Air Force announced. U.S. aircraft units from the 131st Fighter Squadron at […]
Wikileaks Reveals IMF Plan To “Cause A Credit Event In Greece And Destabilize Europe”
Wikileaks Reveals IMF Plan To “Cause A Credit Event In Greece And Destabilize Europe” One of the recurring concerns involving Europe’s seemingly perpetual economic, financial and social crises, is that these have been largely predetermined, “scripted” and deliberate acts. This is something the former head of the Bank of England admitted one month ago when Mervyn King […]
“We Are Prepared To Fight” – In Dramatic Shift NATO Changes East European Doctrine From “Assurance” To “Deterrence”
“We Are Prepared To Fight” – In Dramatic Shift NATO Changes East European Doctrine From “Assurance” To “Deterrence” We are one step closer to another full-blown return of the cold war. Yesterday, during a briefing in Latvia’s capital Riga, NATO Gen. Philip Breedlove said that NATO and the United States are switching their defense doctrine […]
