Blog

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 [...]

Read More

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 [...]

Read More

Is S&P Playing Dirty Games With Ratings Again?

Rating Agencies Testify Before Congress for their AAA-Ratings after 2007 S&P has issued a warning of a UK downgrade if it exits the EU. Quite frankly, we have [...]

Read More

EU Looking at Consolidating All Member Debt – Is It Too Late?

The European Union (EU) is now looking at consolidating all member debt, which is what they should have done from the start. The question remains – Is it too late [...]

Read More