The European protests against the rapes by refugees continue to unfold. Germany’s migrant rape crisis has now spread to cities and towns all across the country in all 16 of Germany’s federal states. Germany now finds itself in a vicious circle from which there is no escape and this will dog Merkel who wants to […]

The European banks are in much worse shape than their US competition. The reason being argued in Europe is that the US government imposed a ban on speculation after the financial crisis. However, that was imposed on September 19, 2008, and it ended on October 9, 2008. But some Europeans claim that is why US banks survived and want […]

American banks would rather return to the USA than strengthen their activities in the Eurozone. The U.S. banks, overall, now expect the EU to simply disintegrate. Brussels is not about to surrender its dream and is clinging to life as it slowly dies. The general view now is that the European banks are reaching the point of […]

With the ECB expanding its quantitative easing program to include corporate debt, European companies are now scrambling to issue as much debt as they can as cheap rates. These issue are selling BECAUSE it is assumed they have a guaranteed bidder being the ECB. At least this part of the QE is far better than […]

Margaret Thatcher was spot on when she warned that Britain would not join the Euro for the covert maneuvers behind the scenes was to create the federalization of Europe – their real dream to be the United States of Europe. Thatcher was betrayed by her own cabinet because some members also were dreaming to federalize […]

QUESTION: Marty; Is the ruling that Apple has to pay 13 billion euros only going to drive American and foreign companies out of the EU? Thank you so much for this global perspective SK ANSWER: Absolutely. This is not saying that Apple cheated Ireland, this is saying that Ireland gave Apple a low tax status to […]

Is a the European bank rally sustainable? European banks continue to rally marginally following the release of the European Bank Authority stress test. However, risks remain with a referendum to be held in Italy proposing to redesign their election process putting any Italian bank restructuring at risk. The EU banking committee proudly announced positive stress […]

There are so many incidents with the refugee crisis in Europe that the blog could be filled with that subject alone. Even the press in Germany is starting to shift after countless incidents from knife attacks to a gang beating and robbing British tourists in the same square in Cologne, Germany. Not to mention the media’s […]

COMMENT: Mr. Armstrong; I attended the Berlin Conference. I have to say that you have done an excellent job of laying everything out from the rally in the euro back to 116 to the rally in gold and its failure to get past 1362 not to mention Brexit and the breakout in the Dow. You […]

    Sick leave in Europe has risen to highest level in 20 years. In the first half of 2016, sick leave in Germany has reached the highest level in about 20 years. Almost 40 percent of workers were on sick leave at least once during this period. It appears that the Refugee issue is creating a […]