The Week that Europe Stopped Pretending: The Euro Has Essentially Broken Down
The euro has essentially broken down as a viable economic and political undertaking. The latest rush of events reeks of impending denouement. The debt markets are pricing in for a global deflationary bust….
Eurozone is ‘Unsustainable’ Warns Mario Draghi
The head of the European Central Bank hit out at the political paralysis gripping the region as he warned the eurozone’s set-up was “unsustainable”. By Louise Armitstead, Chief business correspondent 8:26PM BST 31 May 2012…
Euroblown: While Papademos Talks Bollocks, Suicides Speak Volumes
By John Ward http://hat4uk.wordpress.com/2012/04/07/euroblown-while-papademos-talks-bollocks-suicides-speak-volumes/ Dimitris Christoulas’ suicide note is a death-sentence for the Troikanauts Lucas Papademos said during an official visit to Cyprus that current projections suggest Greece’s economic output — or gross…
Analysis: Ezone, Iran & China – Is US Hegemony About to Unravel?
By John Ward http://hat4uk.wordpress.com/2012/02/26/analysis-ezone-iran-china-is-us-hegemony-about-to-unravel/ Fifty years on, we’ve circled back to 1962 The writing appears to be on the wall for the US this weekend. In a (sadly) global world where domestic and…
Latest IMF Bailout Fund Falls €50bn Short of Target after UK Refuses to Contribute
2011 DECEMBER 20 By David Gow and Patrick Wintour Monday 19 December 2011 15.38 EST http://www.guardian.co.uk/business/2011/dec/19/uk-contibution-imf-bailout-fund The eurozone debt crisis is set to spread and deepen next year, senior central bankers warned on Monday…
