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European Union

EU Finance Ministers Change Their Minds Because of a Greek Referendum

The EU Finance Ministers have been lying to the public for so long that they believe their own propaganda. The German press has called them for what they are...

Greek Bank Run Begins

The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout...

IMF Has Been Training Journalists to Support IMF and Troika in Greece

Greece’s former representative to the IMF, Panagiotis Roumeliotis, testified in front of the special parliamentary committee concerning the outstanding Greek...

Monday’s EU Summit & Troika’s Misguided View of Greece

The summit held Monday of the new superheroes, known as the Euro-Rescuers, are lost in the canyons of their own minds for they do not comprehend how the economy...

Failed Dreams & Destroying Europe

The whole idea of a one world government that began in Europe with the Treaty of Rome was based upon the idea inside Europe that a single government would end war....

Mario Draghi Backs Down on Greece

We are really plagued by people in government who are totally clueless on how markets trade. They have been arrogant in assuming they do not need Greece and if they...

Greece – a Reversal of Fortune on the Horizon?

Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s...

The European Bond Crash

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...

Brussels to Take Over Tax Collection in Europe – End of Democracy

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...

Brussels & the Trend Toward Authoritarianism

QUESTION: Dear Mr Armstrong, I hope your well. Please could you elaborate on your post: “Consolidating all the debt in the EU” Of course you were...