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Olduvai III: Catacylsm
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Debate Over Target2 Continues: Twilight of the Euro

Debate Over Target2 Continues: Twilight of the Euro The Target2 debate continues. Eurointelligence Promotes Still More Silliness. I previously commented on Target2 in Eurointelligence Displays Stunning Ignorance Regarding Target2. Eurointelligence blasts Faz for inaccuracies while spreading a pile of its own through the mouth of Mark Schieritz who says (translated) Do not be afraid of […]

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Eurointelligence Displays Stunning Ignorance Regarding Target2

Eurointelligence Displays Stunning Ignorance Regarding Target2 On two recent days, Eurointellence made stunningly bad comments about the escalating capital flight from Italy. The latest Target2 Chart from the ECB is from May. Newer totals are available in some individual countries. Debtors, primarily Italy and Spain, now owe Germany close to €1 trillion. Realistically, this money […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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