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ECB Losing Control

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight [...]

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The ECB – A Victim of its own Ignorance?

“Rates will stay low, very low, for a long period of time and well past the horizon of our purchases,” Draghi declared. “From today’s [...]

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Bavarian Banks Not Depositing Money at ECB

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their [...]

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If You Cannot Tell the Truth, Hide the Truth

The motto of the ECB is plain and simple: why reform when we still have some power? Governments will fight until the last drop of blood is spilled; they assume it [...]

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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 [...]

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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. [...]

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European High Court Rejects German High Court On ECB

The European Central Bank (ECB) may buy government bonds of member states to rescue the euro, according to the European High Court. This is in direct contrast to [...]

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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 [...]

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