Blog/Sovereign Debt Crisis
Central Banks Selling U.S. Treasuries As Fight Over Debt Looms
Central banks have been dumping U.S. Treasury bonds because of the debt ceiling problem. The Tea Party will shut down funding if they have their way. This situation [...]
Read More
2015.75 & Debt: Did 9/30 Mark the Beginning of the End?
Interestingly, the debt ceiling was kicked down the road to the precise date of the ECM turning point: September 30, 2015 (2015.75). Boehner had to resign; this has [...]
Read More
Debt, Debt, & More Debt: 2015.75
The 1985 World Economic Conference Back in 1985, we warned that the Sovereign Debt Crisis would emerge on 2015.75. How was 2015.75 forecast so far back? This is pi; [...]
Read More
Sovereign Debts: How Defaults May Unfold
In the Middle East, the banks are trying to convince the Gulf States to begin issuing debt even if there is no need to borrow, simply so they have a market to [...]
Read More
Schäuble wants Brussels to Tax Directly – Good Night Europe
German Federal Finance Minister, Wolfgang Schäuble, envisions that the Euroland has to assume control to relieve the local politicians of the need to raise taxes [...]
Read More
EU Council President Donald Tusk Warns of Revolution in Europe
Polish EU Council President, Donald Tusk, was shocked by the fierce debate over the Greek bailout in the EU Parliament. He told the FT: “It was the first [...]
Read More
IMF Says Greek Debt Should be Foregiven
Even the IMF has come out now to warn that Greece may need a complete debt write-off. This is sending an economic earthquake through Europe, for it undermines the [...]
Read More
Talks with Greece Collapse
The EU is simply self-destructive. There was no way to merge all these economies together without debt consolidation from the outset. The euro will collapse and [...]
Read More
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) [...]
Read More
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 [...]
Read More
