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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 […]
The EU Has Bigger Trouble than Brexit alone
The EU Has Bigger Trouble than Brexit alone Trouble brewing in the Netherlands The referendum in the Netherlands on April 6th is going to cause a lot of trouble, possibly axing the strong Dutch commitment to the European project. The plebiscite is about the Association Treaty between EU and Ukraine, into which the EU inserted some curious […]
Fed Admits it is the World’s Central Bank – not just the USA Central Bank
Fed Admits it is the World’s Central Bank – not just the USA Central Bank Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed becoming the world’s central bank. Yellen has admitted that everyone is […]
The End of Europe (As We Know It)?
THE END OF EUROPE (AS WE KNOW IT)? As the Eurozone is amid secular stagnation, its old fiscal, monetary and banking challenges are escalating, along with new threats, including the Brexit, demise of Schengen, anti-EU opposition and geopolitical friction. According to Dan Steinbock, Brussels can no longer avoid hard political decisions for or against an […]
Brexit Meltdown at the Bank of England
Brexit Meltdown at the Bank of England But it’s supposed to be “independent” from national politics. Project Fear — the massive PR campaign aimed at sowing and watering the seeds of dread about the potential consequences of a YES vote in the upcoming referendum on a British exit from the EU — is in full bloom. […]
BREXIT Reality or a Manipulated Outcome?
BREXIT Reality or a Manipulated Outcome? COMMENT: Dear Martin, London 23rd Feb, it is very sad, I cannot find one main stream news outlet that is backing a Brexit. They are all preaching fear, even Boris is not campaigning hard (yet only I hope) and the BBC which is meant to be unbiased is clearly Pro […]
Cameron Unleashes ‘Project Fear’ – UK Military Leaders Warn Against Brexit Threat To National Security
Cameron Unleashes ‘Project Fear’ – UK Military Leaders Warn Against Brexit Threat To National Security Just as the government did in the lead up to The Scottish Referendum in 2014, it appears David Cameron is already unleashing resorting to the so-called Project Fear. As The Telegraph reports, following Boris Johnson’s lack of acquiescence to Cameron’s call for no Brexit, more […]
UK’s European Future In Jeopardy: London Mayor Boris Johnson Will Campaign For Brexit
UK’s European Future In Jeopardy: London Mayor Boris Johnson Will Campaign For Brexit Yesterday, when we summarized the statements by UK politicians regarding the June 23 EU referendum, we said the one most important opinion has yet to come: that of London mayor Boris Johnson’s whose “opinion may sway the vote one way or another […]
The Global Economy’s New Abnormal
The Global Economy’s New Abnormal NEW YORK – Since the beginning of the year, the world economy has faced a new bout of severe financial market volatility, marked by sharply falling prices for equities and other risky assets. A variety of factors are at work: concerns about a hard landing for the Chinese economy; worries that growth […]
Can the UK Survive Brexit?
Can the UK Survive Brexit? LONDON – The upcoming referendum on the United Kingdom’s continued membership in the European Union, almost certain to be held this year, could turn out to be yet another major catastrophe to hit Europe. If, as seems increasingly plausible, British voters chose to leave, the result would be a profoundly […]
The Europe Question in 2016
The Europe Question in 2016 NEW YORK – At the cusp of the new year, we face a world in which geopolitical and geo-economic risks are multiplying. Most of the Middle East is ablaze, stoking speculation that a long Sunni-Shia war (like Europe’s Thirty Years’ War between Catholics and Protestants) could be at hand. China’s […]
European Dream Turns into Dystopian Nightmare
European Dream Turns into Dystopian Nightmare Why We Brits Should Vote for Brexit. As a Europhile British ex-pat who has spent most of his adult life living on “the continent,” as we Brits are fond of calling the non-British part of Europe, it might seem rather odd to be encouraging my fellow Brits to vote […]
The Brexit Balance Sheet
The Brexit Balance Sheet Prime Minister David Cameron’s offer to British citizens to hold a referendum on whether to leave the European Union might have seemed like a reasonably safe gamble just a few years ago. Most people then probably would have voted to stay. That was before the Greek crisis created havoc in the […]
Troika Maneuvering to Rig Greek Referendum
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 […]
Mario Draghi’s Slippery Downward Slope
Mario Draghi’s Slippery Downward Slope Mario Draghi made another huge faux pas Thursday, but it looks like the entire world press has become immune to them, because it happens all the time, because they don’t realize what it means, and because they have a message if not a mission to sell. But still, none of […]
