The slump in France threatens the euro
France’s plight was initially apparent in the economy, which has been stagnating for five years, because French state capitalism no longer works. But the crisis reaches deeper than that. via […]
A German mini-Marshal Plan for Southern Europe?
The fact that the finance minister and the chancellor are suddenly willing to do things that have been off-limits until now also has something to do with an internal Chancellery […]
Europe’s Catch-22 Situation Finally Losing Its Edge? – Seeking Alpha
Even if the peripheral countries would want to stimulate their economies, they can’t. They can’t devalue, they cannot inject a monetary stimulus and the money supply is barely growing or […]
The End of the Euro
The Germans have not yet realised that southern Europe, including France, will be forced by their current misery to fight back against German hegemony sooner or later Former German Finance […]
Europe’s depression
The eurozone’s private sector shrank for the 15th consecutive month in April via Europe’s depression.
The End of the Euro
Italy’s elemental problem is that it is in the wrong currency via The End of the Euro.
Trouble in the Netherlands..
The coalition of Mark Rutte has belatedly woken up to the danger. Last month it retreated from pro-cyclical tightening, delaying €4.3bn in budget austerity. By then Mr Rutte’s totemic worship […]
Thank you euro, for creating this alternate universe..
“We have reached a point where children in Greece are coming to school hungry. Today, families have difficulties not only of employment, but of survival.” via Thank you euro, for […]
The End of the Euro
The euro has a “limited chance of survival” and may only endure another five years, Kai Konrad, one of the German government’s closest economic advisers, has claimed. via The End […]
The End of the Euro
Italy’s business lobby Confindustria said this week that austerity policies had caused “devastating damage, comparable with a war” Ambrose Evans-Pritchard via The End of the Euro.