Summary: Banks are the financial heart of modern nations, and Europe’s are in trouble. One of its greatest, Deutsche Bank, has severe problems. Here Stratfor looks at the perilous state of Europe’s banks, looked in a doom loop by their holdings of government bonds. Can the Eurozone Break Its ‘Doom Loop’? Stratfor, 16 February 2017. …
Stratfor: can Europe’s banks break free from their doom loop? Read More »
Summary: Stratfor describes Europe next step towards a cashless society, and why they are making it. This is one of the largest increases in government power since the invention of fiat currencies and the income tax. Watch this process, perhaps coming soon to America. {1st of 2 posts today.} A World Without Cash Stratfor, 29 …
Stratfor: Europe takes another step towards a cashless society Read More »
Summary: Now the final act has probably begun in the long divorce of Greece from the European Monetary Union. Ignore the predictions. They’re just wild guesses. Rather let’s take this moment to contemplate how Greece — and Europe — got here. {1st of 2 posts today.} “Europe will be forged in crises, and will be …
The great and wise tell us that the European unification project — of which the Euro is now center state — is good. And the foolish German people are short-sighted and foolish to oppose aid to Greece that’s necessary to preserve it. They’re wrong. The German people are right. From Eurointelligence’s coverage of the crisis: “The …
About the Euro crisis: the experts are wrong; the German people are right. Read More »
Introduction: This is the fourth in a series of dashed off speculative opinions. Normal procedure on the FM website for these topics would be 3 thousand word posts, supported by dozens of links. I dont’ have the time to finish them, and too many of these outlines have accumulated in my drafts file. Perhaps these will spark useful debate …
The periphery of Europe – a flashpoint to the global economy Read More »
