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Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare If countries in Europe are already beginning to ration certain things due to “supply problems”, how long will it be before it starts happening in the United States? Up until the past couple of years, many of us in […]
An appropriate European Union response to tensions in the Eastern Mediterranean
An appropriate European Union response to tensions in the Eastern Mediterranean If the European Union can mediate effectively to resolve current Greek-Turkish tensions over energy in the Eastern Mediterranean, it could also provide an opportunity to tackle more deep-rooted problems. The European Union is seeking to mediate in a naval confrontation on its doorstep, in […]
Turkey Rejects US & EU Calls To Cease East-Med Gas Drilling As Greece Threatens Military Action
Turkey Rejects US & EU Calls To Cease East-Med Gas Drilling As Greece Threatens Military Action Days after the US State Department warned Turkey over its gas reserves exploration and drilling plans in waters between Cyprus and Greece, which Athens has declared ‘illegal’ given it cuts into Greece’s Exclusive Economic Zone (EEZ), the European Union has […]
Greece To Help Tripoli ‘Block Turkish Ships’ As Libyan War Spills Into Mediterranean
Greece To Help Tripoli ‘Block Turkish Ships’ As Libyan War Spills Into Mediterranean The years-long war for post-Gaddafi Libya now threatens to spill over into the Mediterranean as Turkey and Greece line up on either side of the conflict. Each side is now threatening the others’ allied ships in southern waters after a controversial maritime deal expanded Turkish claims off […]
Broke Bond Markets Mounting: Italy Surpasses Greece As Europe’s Riskiest Sovereign
Broke Bond Markets Mounting: Italy Surpasses Greece As Europe’s Riskiest Sovereign As yields soar optimistically around the world, pushing negative-yielding debt below $12 trillion – the lowest since June, but hey, it’s still $12,000,000,000,000 of insanity, central-planners’ incessant meddling with global markets has sparked another WTF-moment in capital market history. A mere twelve trillion dollars worth […]
For The First Time Ever, Greece Issues Negative Yielding Debt
For The First Time Ever, Greece Issues Negative Yielding Debt As armies of fixed income strategists battle over whether US Treasuries are facing higher or lower yields, Greece has no such qualms and in a historic shift today, the former bond market pariah and Eurozone’s most indebted nation, joined the exclusive club of negative-yielding European […]
Thucydides Trap & War Between China & USA
Thucydides Trap & War Between China & USA QUESTION: What do you make of Trump’s proposal to restrict US investment in China? Will this send the US economy into recession as everyone is saying? DH ANSWER: I have never seen the press so anti-president in the history of this nation. Every possible thing they claim will destroy […]
The Dying Days Of An Empire
The Dying Days Of An Empire Something’s been nagging me for the past few days, and I’m not sure I’ve figured out why yet. It started when Donald Trump first called off the alleged planned strikes on targets in Iran because they would have cost 150 lives, and then the next day said the US […]
Europe’s Debt Crisis: Challenges for the Left, Confronting the Creditors
Europe’s Debt Crisis: Challenges for the Left, Confronting the Creditors Second part of the interview given to LVSL. Here, the first part: The Doctrine of Odious Debt. Break the Taboo on Odious Debts and Their Repudiation LVSL: If we look at the case of Greece in 2015, we see that there was a change of regime […]
Here’s What an American Economic Collapse Could Actually Look Like (And How It May Be a Lot Different Than Folks Expect)
Here’s What an American Economic Collapse Could Actually Look Like (And How It May Be a Lot Different Than Folks Expect) When we think of “economic collapse” our imaginations usually lead us immediately to the desperation we’ve witnessed in places like Venezuela or Greece. We think of starvation, a complete lack of medical care, and […]
The Delusional Leaders of the Eurozone
The Delusional Leaders of the Eurozone I was looking forward to chilling with family and friends in Sydney this New Years Day, but Phil Dobbieruined it for me with this tweet: I had forgotten that this was the 20th anniversary of the start of the Euro. But the Eurocrats in Brussels hadn’t. Some hours before […]
The Mediterranean Pipeline Wars Are Heating Up
The Mediterranean Pipeline Wars Are Heating Up Things have been quite active in the Eastern Mediterranean lately, with Israel, Cyprus and Greece pushing forward for the realization of the EastMed pipeline, a new gas conduit destined to diversify Europe’s natural gas sources and find a long-term reliable market outlet for all the recent Mediterranean gas […]
Macron Heralds The End Of The Union
Macron Heralds The End Of The Union Paul Almasy Paris 1950 The concept of the EU might have worked, but still only might have, if a neverending economic boom could have been manufactured to guide it on its way. But there was never going to be such a boom. Or perhaps if the spoils that […]
