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Olduvai III: Catacylsm
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QR 3/2018: How the Eurozone breaks

QR 3/2018: How the Eurozone breaks The Eurozone is a fragile financial mammoth. While its GDP lacks the US by around $3 trillion, assets of the banking sector are some 240 percent of GDP vs. around 90 percent in the US. It has been kept standing only through the large-scale asset purchase program (quantitative easing […]

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Former Bank of England Governor Says Eurozone Must Break Up

Former Bank of England Governor Says Eurozone Must Break Up From today’s Open Europe news summary: FORMER BANK OF ENGLAND GOVERNOR WARNS EUROZONE MUST BREAK UP IF SOME MEMBERS ARE EVER TO PROSPER AGAIN In his new book, former Governor of the Bank of England Lord Mervyn King warns, “Put bluntly, monetary union has created […]

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Greece Heads Back To The Polls: Full Sunday Election Preview

Greece Heads Back To The Polls: Full Sunday Election Preview For months on end, all anyone could talk about was Greece. Throughout the spring and summer, the country’s fate in the eurozone was considered the main risk to global markets if not for what the financial fallout from a Grexit would be (that risk was […]

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Vladimir Putin Proposes “Eurasian” Currency Union

Vladimir Putin Proposes “Eurasian” Currency Union While the distraction that is the stock market continues to enthrall most Americans, the big shots in the global monetary which for now are taking place behind the scenes, are getting ever louder. Several recent cases in point: US Attacks “Closest Ally” UK For “Constant Accommodation” With China De-Dollarization […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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