European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
ECB Blows €400bn on “Brexit Black Friday” Bank Bailouts by Wolf Richter • Jun 26, 2016 • 42 Comments Dealing with a Financial Crisis under the cover of Brexit Chaos.
Fearful of EU Disintegration and Mired in Crisis, France Wants Britain Punished for Brexit Revolt by Don Quijones • Jun 9, 2016 • 50 Comments But a majority of the French want out of the EU too!
Tourism Threatens to Collapse in France by Wolf Richter • May 31, 2016 • 61 Comments What’s crushing France’s crucial industry?
These Charts Show the Truly Dismal State of Young People in Bailed-Out EU Countries by Wolf Richter • May 17, 2016 • 41 Comments “Marginalized” and “excluded” “due to the Crisis”: EU poll
French Government Sells Out Citizenry to Coddle Saudi Royals by Don Quijones • Jul 25, 2015 • 8 Comments The reason? The irony of Big Money.
Germany, France Call for Fiscal and Political Union. Public Ignorance Vital for Success of EU Power Grab by Don Quijones • Jun 6, 2015 • 10 Comments The “critical flaws in the architecture of the monetary union” are about to get fixed.
France Cut by Fitch, Kicked by Bundesbank, Jilted by Logic, Has Newfangled Solution: Sunday Shopping. And Blows it by Wolf Richter • Dec 15, 2014 • 6 Comments France comes up with another potent fix to its economic debacle. Hilarity ensues.
France’s Housing Construction “Recovery” From Hell by Wolf Richter • Aug 15, 2014 • 1 Comment Even while people are screaming about housing shortages in Paris and other cities.
France’s Relentlessly Deteriorating Unemployment Fiasco by Wolf Richter • Jul 26, 2014 • Comments Off on France’s Relentlessly Deteriorating Unemployment Fiasco All is well in France, according to the soaring stock market. But beneath it lies a terrible reality.