The turmoil in the European bond market has demonstrated that the theory interest rates will not rise and are in control of central banks is dead wrong. Despite the ECB’s policy to buy in government debt to inject cash into the markets, one would think that the bonds would have a firm floor of support. The […]

Germany and France have called for the establishment of a central EU authority for the eurozone to raise taxes independently. This plan is part of a package of proposals for far-reaching integration of the single currency zone: the federalization of Europe. Currently, only national governments may levy taxes. This is part of the step to save […]

Austria is where the Sovereign Debt Crisis began with a bank failure in 1931. Today, Austria continues to have a raging controversy over the abolition of bank secrecy. Just look at how far they are going against the citizens because of bank mismanagement, once again, and it is scaring the hell out of a lot […]

Europe will lead the world into Economic Totalitarianism because government is now desperate to retain the euro. If the euro collapses, so will Brussels. The government exists solely because of the euro. The key is the fatal design of the euro. Failure to consolidate the debts of all individual member states has been the worst possible […]

Typical. The European press is claiming that the euro decline is over, and a Greece default will not harm Europe. This seems to be the standard propaganda from government that comes out with every serious change in trend, be it Japan in 1990, to the U.S. in the 1929 Bubble where it also immediately pronounced […]

There is little doubt that people are now calling for a debt crisis in European sovereign debt. When we began warning that this crisis would arrive by 2015 before the 2016 Presidential elections, it appeared strange, but now seems to be old hat. The key is that this has been the forecast of our computer, […]

The reaction rally in the Euro appears to be on schedule. The March low at 10458 held during April, so at the very least that implies a 2-3 month reaction rally. Bank dealing desks have reported to us that their trading lines have been cut. We previously reported that we suspected the ECB had asked […]

So what is the purpose of paying taxes? It was supposed to be about protecting society, but politicians are bribed to allow the banks to do as they like with other people’s money. The whole system of insuring the people to create confidence goes out the window when those protections cost too much. It was […]

This is an illustration of how the EU is going insane with the austerity movement when they are in direct conflict with the perpetual borrowing and lacking monetary reform. Italy has cut its budget to the bone. That was the only thing stopping all the refugees pouring into Europe from North Africa, many of which […]

We strongly urge our regular clients to lock in your seat for the Berlin European World Economic Conference. We increased the venue size, and even that is more than halfway sold out already. With all the major publicity we are getting on the business cycle in Europe, we do not want our regular clients to be blocked. […]