Greek bonds were being sold again sharply today. The 10 year bond spreads to Germany are wider by 60 BP on the day! Rumors are always floating around and maybe we should just expect more intraday volatility; especially given that the chasing opposition SYRIZA party have been gaining steadily in recent polls! Brussels will only […]

Even Merkel has hinted that there could be a problem with heat this winter given the problem with Russia. As winter approaches, the former Soviet satellite nations are all watching Russia and Ukraine’s stalled gas negotiations with growing real fear. Much of the former Communist regions still have antique energy systems that are centralize. Houses […]

The assumption of the hyperinflationists has been that governments will just print to meet their obligations. That theory is based upon revolutionary government who CANNOT SELL debt to anyone. In the case of the West, we issue debt and because of that, the first effort is to meet the demands of bond-holders. That is only […]

Goldman Sachs and Blackstone are private equity investors buying up rental property in Madrid. About 13,000 household were told their rents would not increase. Now in a down market, when their renewals come due. they are told their rents will rise sharply or get out. Now a judge will decide who, if anyone, is to blame. […]

So far the Dow has held the previous day’s low and a higher close today will still point to a bounce into tomorrow, However, we are in the midst of a Pandemic of Uncertainty. This is becoming critical in Europe. While I am enjoying the weather here in Germany, the atmosphere is clearly uncertain spawning […]

As Julius Caesar said: the die is cast. He also said I came, I saw, I conquered (Veni Vidi Vici). The entire idea of the Euro is a total disaster. This is now about a dictatorship in Brussels that has built a political infrastructure which will promote civil war in Europe – not peace and […]

Jean-Claude Juncker won the support of Europe’s lawmakers to become European Commission president, despite the opposition from Britain. It was clearly a slap in the face to Britain and it is highly doubtful that his leadership will be able to patch up relations with the U.K.. Juncker, a former Luxembourg prime minister and will now […]

A European team of scientists have reconstructed the spread of HIV (AIDS) and found it began in the city of Kinshasa, capital of what is now the Democratic Republic of Congo. Its spread from their following trade routes.

COMMENT  sent in by reader how they try to shut down free speech rather than address the problem/ When France goes, it will take the whole of Europe with it. This is serious stuff/ The Euro has failed because you cannot have a single currency without a single government. The antics of Hollande will destroy […]

French vegetable farmer have set a tax office and a building on fire destroying the government facility which was the symbol of the increasing administrative burden and sanctions that is killing farming. Hundreds of tractors and trailers of the farmers converged on Friday evening before the building of the Agricultural Social Insurance (MSA) in the […]