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European Union

The Lesson for the World Coming from Greece

PHOTO: Distraught 77-year-old Greek retiree, Giorgos Chatzifotiadis, falls to the ground outside of a bank in Thessaloniki, July 3, 2015. (AFP: Sakis Mitrolidis)...

What if NAFTA Became a Monetary Union?

OK. Let’s try to explain Europe a different way. What if the USA adopted a policy that said NAFTA (North American Free Trade Agreement) should move from a...

Margaret Thatcher Was the ONLY Head of State Who Saw the Risk of the Euro

Let’s face reality. Margaret Thatcher was a polarizing figure for most in Britain failed to understand what she really was trying to accomplish. Her whole...

Who Prints Euro Notes?

QUESTION: Mr. Armstrong Who prints euro notes? Could Greece just flood the market is euro banknotes? Thanks you for your guidance PK REPLY: Legally, both the...

ECB & Troika Retaliate Against Greek People

Some readers sent in comments that my use of the phrase “World War III by economic means using the pen” was harsh, so let me state this very clearly. Brussels...

There is Only One Way Out For Greece

Brussels has been dead wrong. The stupid idea that the euro will bring stability and peace, as it was sold from the outset, has migrated to European domination as...

The Euro Crisis Will Not End Until this Line of Thinking Changes

Luis de Guindos, Spain’s economic minister, illustrates that those in European government remain clueless. He said that Greece should remain part of the Eurozone...

The Audacity of Lagarde – Exempt From Taxes

The audacity of Christine Lagarde, who insulted the Greeks by categorizing the whole nation as tax cheats, is up there with Trump calling all Mexicans drug dealers....

The NOs Have a Resounding Victory

So far, it looks about 60%+ for the NO vote. This is a truly astonishing victory. We can see that this is going to have a stunning impact upon Europe as a whole by...

NO Vote Around 55% in Greece

Our staff in Athens right now is reporting that it appears the NO vote has the majority. This vote demonstrates that Brussels has been dead wrong with austerity for...