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The Eurozone Economy Plunges Back Into a Severe Decline

The Eurozone Economy Plunges Back Into a Severe Decline Eurozone business activity fell sharply as countries introduced more aggressive measures to counter rising COVID infection rates. Flash PMI Signals Steep Downturn in November IHS Markit reports PMI Signals Steep Downturn in November Amid COVID Lockdowns. Key Findings Flash Eurozone PMI Composite Output Index at 45.1 (50.0 in […]

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Synchronized Global Growth is Ending: Shocks Come Next

Synchronized Global Growth is Ending: Shocks Come Next Economic pleasant surprises are in the past, as is the buildup of the balance sheet. The future is deleveraging. Alarm bells are ringing. No one cares. By now, everyone knows stock only go up. For those in tune with other ideas, Financial Times writer Stephen King suggests […]

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Russia Meddling “Act of War”, Michael Moore Trapped, CIA Admissions

Russia Meddling “Act of War”, Michael Moore Trapped, CIA Admissions Idiotic comments regarding “Russia’s act of war” against the US for meddling in the Us election has reached consensus. The Intercept reports A Consensus Emerges: Russia Committed an “Act of War” on Par With Pearl Harbor and 9/11. Should the U.S. Response Be Similar? IN […]

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Shhhh! It’s TOP Secret: Fake News For Your Eyes Only

Shhhh! It’s TOP Secret: Fake News For Your Eyes Only The absurd hysteria over Russia continues today from yours and my favorite Russia-hysteria promotion site: the Washington Post. Fake News For Your Eyes Only Today’s joke of the day is an “exclusive” fake-news story from WaPo regarding Obama’s Secret Struggle to Punish Russia for Putin’s Election Assault. […]

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Lies of the Beholder: Biden Congratulates Ukraine for “Success” as Prime Minister Resigns Over “Artificially Created” Crisis

Lies of the Beholder: Biden Congratulates Ukraine for “Success” as Prime Minister Resigns Over “Artificially Created” Crisis When the going gets tough for politicians, the politicians do what they do best: Declare success smack in the face of a resounding defeat. Today, Ukraine’s Prime Minister Arseniy Yatseniuk resigned, accusing the president’s party of plunging the war-scarred […]

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Eurozone Debt Just Keeps Rising—–What Austerity?

Eurozone Debt Just Keeps Rising—–What Austerity? The eurozone is supposedly in a state of recovery. However, in spite of that recovery, public debt and debt-to GGP levels are still rising. Austerity is difficult to find in any realistic sense. Please consider Eurozone Borrowing Rises to Record as Recovery Remains Weak. The European Central Bank’s programme of […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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