Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
Chaos, Fear, Panic Descend on EU’s Hallowed Halls of Power by Don Quijones • Feb 2, 2015 • 7 Comments “You just killed the Troika.”
Greece’s Hard Choice: Escape or Merely Reset EU Servitude by David Stockman • Jan 26, 2015 • 13 Comments The “Syriza Shock” – beginning of the end of unimpeded rule by elitist apparatchiks who dominate central banks and the economic policy machinery.
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.”
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.
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.
Europe Gets Cold Feet on “TTIP,” Americans Should Too, But Obama Needs it for his Legacy by Don Quijones • Jan 19, 2015 • 3 Comments A watertight means for multinational corporations to trump national legislatures.
Fears of Capital Controls, Savings Confiscation Trigger Bank Runs in Greece by MC01 • Jan 18, 2015 • 8 Comments They don’t want to be the next Cyprus.
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.”
Deflation Calamity Howlers Are Dead Wrong – in Europe and Everywhere Else by David Stockman • Jan 7, 2015 • 5 Comments The notion that a hairline puncture of the zero-inflation line is a precursor of a deflationary calamity amounts to economic voodoo.
