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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 […]
Juncker Warns ‘The EU Cannot Survive Without Italy’
Juncker Warns ‘The EU Cannot Survive Without Italy’ Ignoring warnings from the European Commission, the ECB and the European Commission (as well as practically every other supranational organization in Europe), the populist-led Italian government managed to submit their draft budget to the Commission before a midnight deadline – an outcome that was cheered by BTP […]
Are Globalists Plotting a Counter-Revolution?
Are Globalists Plotting a Counter-Revolution? On meeting with the EU’s Jean-Claude Juncker last month, Donald Trump tweeted: “Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be Free Market and Fair Trade.” Did Larry Kudlow somehow get access to Trump’s phone? We know not. But, on hearing this, Steve […]
Trump and Juncker Supposedly Agree to Trade Deal: Lies All Around
Trump and Juncker Supposedly Agree to Trade Deal: Lies All Around The US and EU agree to resolve trade differences. Color me skeptical as to how long this lasts and what happens next. The Wall Street Journal reports U.S., EU Agree to Resolve Trade Differences. President Trump on Wednesday declared a “new phase” in the […]
100+ Respected Academics Slam EU in Letter to Juncker Citing “Rule of Law”
100+ Respected Academics Slam EU in Letter to Juncker Citing “Rule of Law” On Thursday, over 100 well-respected academics slammed the EU in a letter sent a letter to European Commission president Jean-Claude Juncker and European Council president Donald Tusk. The academics cited the rule of law. The open letter , signed by highly-respected academics […]
Spanish Government Threatens to Seize Catalan Finances to Stop Referendum: Juncker in Hot Water
Spanish Government Threatens to Seize Catalan Finances to Stop Referendum: Juncker in Hot Water In its latest move to stop an October 1 independence referendum, the Spanish Government is Poised to Seize Catalan Finances. Finance Minister Cristóbal Montoro said a mechanism had been approved for the state to take control of the autonomous region’s finances. Madrid […]
New Rules for the Monetary Game
New Rules for the Monetary Game NEW DELHI – Our world is facing an increasingly dangerous situation. Both advanced and emerging economies need to grow in order to ease domestic political tensions. And yet few are. If governments respond by enacting policies that divert growth from other countries, this “beggar my neighbor” tactic will simply […]
The EU Uses Every Crisis To Grab More Power
The EU Uses Every Crisis To Grab More Power Jean Claude Juncker held a speech yesterday that had, oh irony, been labeled a State of the Union. A perfect way of showing how pompous Juncker and his surroundings have become. A perfect way, too, to point out how much the European Union differs from the […]
Greek Contagion Spreads As Several Italian Bank Stocks Failed To Open
Greek Contagion Spreads As Several Italian Bank Stocks Failed To Open While things have normalized since the open thanks entirely to the SNB’s aggressive EUR-buying, CHF-selling intervention (good to see that central banks have read the BIS’ report and have learned from their prior intervention mistakes), earlier this morning we got a snapshot of what […]
“No Deal”: Tsipras Says Creditors Did Not Accept Greek Proposal
“No Deal”: Tsipras Says Creditors Did Not Accept Greek Proposal Who could have possibly foreseen that the IMF would throw up all over the Greek “proposal”… aside from this post here “Why The IMF Will Reject The Latest Greek Proposal In Just Two Numbers” yesterday afternoon of course. In any event, moments ago Bloomberg reported that just […]
The Money is Just Sleeping … Let us Wake it Up!
The Money is Just Sleeping … Let us Wake it Up! J.C. Juncker Sets Out to “Wake Up Liquidity” In a recent article on the never-ending Greek Kabuki theater, we have come across parts of an interview EU budget commissioner Kristalina Georgieva has given to AFP, in which she explains J.C. Juncker’s cunning plans to “kick-start” the […]
Presenting The New Plan For A Eurozone Superstate—–Curly, Larry And Moe
Presenting The New Plan For A Eurozone Superstate—–Curly, Larry And Moe ENLARGE Dutch finance chief Jeroen Dijsselbloem, left, with European Commission President Jean-Claude Juncker, center, and President of the European Council Donald Tusk, right. By Matthew Dalton European officials released a plan to address flaws in the eurozone’s makeup that would see its members sacrifice more […]
