“Punishment Interest” it’s lovingly called in Germany, as the ECB intends to flog savers until their mood improves.
The new Eurocratic elite is worried. Deep cracks are spreading.
The policy of the Spanish government has been to threaten Catalonia and sow seeds of discord in its fragile coalition government. Now it’s reaping the spoils.
The threat hangs over the EU. Eurocrats claim no one would be without natural gas. But a leaked report from the German government explains what fiasco it would be.
Why Italy is in trouble.
The designated losers of monetary policy. There are a lot of them.
These new trade pacts contain little related to trade. So what are they really about?
Et tu, Finland?
This is a sordid tale of how a public bank with a clear mission was corrupted and destroyed by a clique of politicians, business men and women, and union leaders.
That these comparisons to January 2009 are suddenly cropping up is unnerving. Stocks are rolling over.