Greece Brandishes Drachma, Threatens Euro Exit by Wolf Richter • Apr 3, 2015 • 24 Comments “What we will not do is become a protectorate of the EU.” But it backfired.
Surprise Attack: French Megabank Slams Draghi’s Currency War by Wolf Richter • Mar 24, 2015 • 3 Comments “Nothing is happening inside the Eurozone that favors growth.”
Crunch Time as Greece’s Terrible Deadlines Loom by Don Quijones • Feb 8, 2015 • 7 Comments Will Greece’s new heroes of democracy fold and kowtow to the Troika’s demands, as every government has done since the Eurozone debt crisis began?
Troika Punches Panic Button on Greece and Spain by Don Quijones • Jan 24, 2015 • 32 Comments Overriding dilemma: “Debts that can’t be repaid, won’t be repaid.”
Mario Draghi: Charlatan Of The Apparatchiks by David Stockman • Jan 22, 2015 • 3 Comments The ECB’s QE is fraudulent credit – really dangerous, toxic stuff.
Without QE, “Eurozone Financial Markets Would Collapse” by Wolf Richter • Jan 15, 2015 • 10 Comments French Megabank: the ECB is “a prisoner of financial markets’ expectations.”
Peak Irony in No-Exit Union: As Grexit Chaos Resurges, Lithuania Joins by Don Quijones • Jan 2, 2015 • 8 Comments Official secrecy, obfuscation, and deception rule.
Eurozone Comes Back to Reality With a Crash by Don Quijones • Dec 11, 2014 • 2 Comments Any lingering hopes that the debt crisis was put to rest are brutally dashed. Investors are bailing out: Greek stocks down 20% in three days.
The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates” by Wolf Richter • Nov 20, 2014 • 13 Comments “Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
The Mother of all Jobs in the EU by Don Quijones • Oct 25, 2014 • 11 Comments The new Eurocratic elite is worried. Deep cracks are spreading.
