The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great...
The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how...
Merkel is obsessed with the German hyperinflation (which leads to demands for austerity) and assumes that her personal promise that Greece will be made to pay back...
The Deutsche Wirtschafts Nachrichten is reporting that the head of the EU and Merkel are now openly calling for the overthrow of the Greek government. It is their...
The IMF on Thursday issued its own analysis on the Greek economy. The new debt forecast numbers have been raised in recent months and while the IMF analysis is...
Greece now threatens to appeal the abuse of the Troika by taking court action to block a Grexit, or really a Greek expulsion or takeover of Greece by the...
It has already begun. The total mismanagement of Euroland and the utter failure to understand what the German hyperinflation was all about has led to the...
The idea of creating one unified European government to prevent European wars has grown out of a lesson learned from the disaster of World War II and German Nazi...
In a TV interview, Mr. Varoufakis said very clearly, “This is a very dark moment for Europe. They have closed our banks for the sole purpose of blackmailing...
