Merkel’s victory was really a signal that the Euro Crisis will not be over and that if anything the current direction of Europe will merely pick up speed downhill. The positive thing for the euro is that perhaps we can now go into hyper-drive to get this Sovereign Debt Crisis in the open. The likelihood of […]

German papers are reporting a secret deal of Merkel’s. The Federal Chancellery experts working on the revision of banking supervision have leaked that Angela Merkel will give up her resistance to the takeover of the banking supervision by the EU after the election. The international banks are to be therefore controlled by Brussels. Germany will control only the […]

Finland is the latest country to illustrate that the Sovereign Debt Crisis is alive and well. The economy in Finland is in recession as is most of the Eurozone. For the first time, 2014, Finland will not meet the Maastricht guidelines as its debt ratio will exceed 60%. Their own accounting projects in 2014 the […]

Bernanke is in a real box. He knows he needs to trim back the QE purchases, but at the same time he is concerned about the rising bond yields and interest rates. This can send the deficit much higher at a time when there is still a debt ceiling debate ahead. The question of will he […]

The US is dependent upon selling debt to someone. This Sovereign Debt Crisis has made the US vulnerable for it really cannot act unilaterally in international affairs as Obama is attempting. The USA is dependent upon selling its debt with about 40% being held internationally. Obama’s policies come at tremendous cost to the economy long-term. […]

What the European Community did to Cyprus was a true crime. They had promised, swore even, that there would never be a default in the Euro. But Greece defaulted and that took down Cyprus. Even according to the European Commission, the European Central Bank, and IMF, the Cypriot economy is expected to contract 8.7% in […]

Way too much evidence is showing that it was the Saudis who have supplied the rebels with chemical weapons not Assad. So why are the Saudis intent upon getting rid of Assad? The Saudis are planning together with Qatar a pipeline, which will run from the Gulf to Turkey. This will result in the Russian Gazprom having […]

The pension crisis is beginning to emerge as a real growing problem. The central banks have been keeping interest rates low for the primary reason of reducing the national debts. In Germany, they are beginning to notice that not merely are government pensions growing faster than private as public servants help themselves to our income […]

In Germany the people are starting to notice that government pensions are growing far more rapidly than those in the private sector. We have to realize that about 50% of all taxes in Detroit went to pensions. This same economic model destroyed Rome. This is what we face, yet we cannot prevent the crash and […]

A mosque was blown up in Lebanon because the cleric there was preaching how people should join the holy war in Syria. Obama is now supporting the religious terrorists he has used to justify stripping us of all our rights with X-Ray machines that expose you to accumulative x-rays and the NSA. People have to […]