July 12, 2022 by Michael There has been a lot of talk recently about “the death of the dollar”, but the truth is that the euro is in far bigger trouble. Inflation in the eurozone has risen […]
JEFF DESJARDINS The Fall of the Mighty Euro The European Union has always been primarily a political project. The idea of the union was to take peoples that had long and complicated histories, […]
By Tyler Durden There has been some confusion why Germany and the Eurozone are so strict in negotiating with France and unwilling to concede even to the smallest of what they deem as outlandish Greek […]
by Tyler Durden It was back in June 2011 when we first hinted that the time of Odious Debt is rapidly approaching. As a reminder, this is what Odious Debt is: In international law, odious […]
by Tyler Durden “Right now we are at the cusp,” billionaire George Soros tells Bloomberg TV in this brief clip, the chances of Greece leaving the euro area are now 50-50 and the country could go “down […]
by James Petras Yánis Varoufákis and Aléxis Tsípras The Greek government is currently locked in a life and death struggle with the elite which dominate the banks and political decision-making centers of the European Union. What […]
Against the “Atlanticist” consensus by Justin Raimondo, February 16, 2015 Francis Fukuyama’s famous essay “The End of History?” contains a phrase that aptly describes the common conception of Europe today: positing that the ideological battle for […]
By Dr. Paul Craig Roberts We will find out the answer to the question posed in the title in the outcome of the contest between the new Greek government, formed by the political party Syriza, and […]
By Nick Beams The European Central Bank (ECB) committed itself to a quantitative easing (QE) program of at least €1.1 trillion after announcing Thursday that it would buy sovereign debt and other financial assets to the […]
by Tyler Durden “As if millions of macro hedge funds suddenly cried out in terror and were suddenly silenced” Over two decades ago, George Soros took on the Bank of England, and won. Just before lunch […]
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