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: 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 …
Summary: The European Union appears to be starting its long-predicted endgame, when its design flaws create insolvable crises. This analysis by Stratfor goes to the heart of the EU, describing the forces that seem likely to halt or reverse the 65 year-long march to unification. They make a bold prediction which, if correct, will change …
Stratfor: A high stakes cage match – Nationalism vs. the European Union Read More »
Summary: Today began the next phase of the great monetary experiment, the collision of Central Bankers’ bold promises with reality. History suggests skepticism about the odds of CB’s success (e.g., see the many unbreakable currency pegs and unions which broke). Today the Swiss National Bank folded its cards. Here we discuss the significance of this …
Summary:Â The euro crisis began 30 months ago. The cheers for each new solution proved unwarranted. Likewise the fears of the skeptics, as the periphery nations have held together under horrific stress. So far. Here we look at public sentiment in Greece. See the For More Information section at the end. My guess: Europe’s leaders …
What’s happening in Greece? News from the front lines of Europe! Read More »
