ECB Inaugurates Hyper-Luxury HQ, While Frankfurt Burns by Don Quijones • Mar 18, 2015 • 9 Comments The new spirit of austerity.
Germany: ‘Got Gold?’ – Draghi: ‘Try Some Bananas’ by Wolf Richter • Jan 23, 2015 • 1 Comment Germany had a self-inflicted bad-hair day, you’d think. With a hilarious cartoon.
Russia Sanctions Stir Up Top-Level Mini-Revolt in Europe by Don Quijones • Jan 6, 2015 • 3 Comments Chances of finding alternative consumers of Europe’s goods and services are dimming.
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.”
European Harmony? Merkel Hands Cameron an Ultimatum and for First Time Ever Sees Britain’s Exit from the EU by Wolf Richter • Nov 3, 2014 • 9 Comments The German government draws a line. If Britain steps over it, it doesn’t belong in the EU. And it’s not about money.
The Wrath of Draghi: First German Bank Hits Savers with ‘Negative Interest Rates’ by Wolf Richter • Oct 30, 2014 • 8 Comments “Punishment Interest” it’s lovingly called in Germany, as the ECB intends to flog savers until their mood improves.
LEAKED: What Happens to Germany if Russia Turns off the Gas by Wolf Richter • Oct 21, 2014 • 12 Comments 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.
“There’s no Reason to Panic” about German Miracle Economy by Wolf Richter • Oct 7, 2014 • 4 Comments That these comparisons to January 2009 are suddenly cropping up is unnerving. Stocks are rolling over.
This Chart Shows How Plunging German Factory Orders Sink the Economy by Wolf Richter • Oct 6, 2014 • Comments Off on This Chart Shows How Plunging German Factory Orders Sink the Economy Germany, which is supposed to pull the Eurozone out of its funk, is sinking into a funk of its own.
IPO Mania Collapses in Germany by Wolf Richter • Oct 3, 2014 • 7 Comments This shouldn’t have happened. Where is the euphoria?