We have seen a 4 month rally in euro-region debt with yields on Italian and Spanish bonds seeing their biggest one-day jump in almost a year last week. The sell-off in European sovereign debt began in Greece and has spread following the same lines of contagion that emerged 2010-2011. Bids have simply evaporated and prices […]

The Euro – A Political & Economic Crisis Beyond Contemplation The Euro Outlook 1996-1997 Understanding the Euro And the Chaos it is Unleashing in the World Economy (1997 Forecast) EMU – Building the Foundation for the Next Great European Economic Disaster (1996 Forecast) Original Currency Conversions for Entry THE Rise and Fall of the Euro (2011) The […]

 (The Euro in Crisis) When the Euro was on the drawing boards, the committee to create the Euro came to our seminar in London and took the whole back row. I was there at the beginning and have first hand knowledge about how it was being designed. I warned them at that time the euro […]

COMMENT: hi Martin, This week I visited my local BNP Paribas bank in Belgium and had a brief chat with the manager. I told her I have an account at [a Brokerage house]… from where I do some trading. The reason I went to this broker is that the fees are only $1 per transaction, regardless […]

Labor unions will commemorate May Day (International Workers Day) throughout Europe, on May 1st. While these events are generally peaceful, we are entering 2014 and at a minimum low-level violence is expected beginning late April 30. Attacks on police and acts of vandalism, by certain groups, are a May Day tradition in many European cities. […]

Just as the American banks ran with open-arms into South America during the 1970s and ended up with loans defaulting, we may see the economic war against Russia backfire as lawyer-politicians never seem to comprehend this is a global economy with all sorts of intricate entanglements. We may see that the European banking crisis simply […]

The proposition in Russia is that they must defend Russian speaking people living in the Eastern European former Soviet States. This is the justification for international war and Russia is well aware that Europe will not defend this region for it is financially broke in any event. The proposition is that to protect the compatriots […]

The backlash against these Marxist Politicians that have dominated Europe will see the first sizable gains when citizens in the 28 European Union countries vote on May 22-25 for 751 members of the bloc’s legislature. The opinion polls currently suggest that they will for the first time elect a sizable group of politicians bent on […]

World Politics The move behind the curtain is to accelerate the movement to join the Euro for the Eastern European nations such as Poland and Ukraine. This is seen as stepping toward  Europe and away from Russia to provide geopolitical security. Poland will have to change its constitution to adopt the euro but there is […]

  Spain’s  Bankia headquarters in Madrid Europe’s top banks cut 80,000 more staff in post-crisis overhaul reported Reuters. The economic implosion in Europe from the destructive design of the Euro is just unbelievable. The politicians will not admit any mistake and still seek to just grab money from depositors to firm-up a mess they created.