Why The Eurozone And The Euro Are Both Doomed CHARLES HUGH SMITH Papering over the structural imbalances in the Eurozone with endless bailouts will not resolve the fundamental asymmetries. Beneath the permanent whatever it takes “rescue” by […]
Imperial Recovery and Disappearing Workers JAMES PETRAS Introduction Nero played his fiddle, Obama shot baskets and Trump twittered while their empires burned. What makes empires decay and what makes empires expand has everything to do […]
The new Fed director wants the US middle class to pay for the next crisis GEFIRA The central bankers have used all sorts of tools. If the next crisis comes, they have nothing left. When […]
ER Editor: we also recommend a piece by The Guardian titled New elections loom in Italy amid calls for Mattarella to be impeached. Italy crisis worsens as PM-designate fails to form government Giuseppe Conte abandons his […]
More Muslims needed in Europe to make the Saudi dream come true! GEFIRA Without organised mass-migration, all Western and Eastern populations will be in full demographic decline, and before this century comes to an end, […]
Europe to ditch US dollar in payments for Iranian oil – source RT The European Union is planning to switch payments to the euro for its oil purchases from Iran, eliminating US dollar transactions, a […]
Italy’s 5-Star, League Reach Deal Clearing Way For “Anti-establishment” Government TYLER DURDEN Back on March 4, the Euro was spooked and Italian bonds tumbled, if only briefly, following the shocking outcome from the Italian elections […]
Italy, A Parallel Currency, And Immigration – Merkel’s Worst Nightmare TYLER DURDEN Authored by Tom Luongo Here comes the flood. My worst fears of The League’s leader Matteo Salvini’s ego getting in the way of […]
Europe May Fold, But China And Russia See Opportunity TYLER DURDEN Authored by Mike Krieger via Liberty Blitzkrieg blog And we recently discovered, if it was not known before, that no amount of power can […]
ER Editor: as of yesterday, RT is reporting that the EU is preparing to defend its profitable trade turf with Iran through the World Trade Organization (‘US is not economic policeman’: EU will go to […]
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