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Monday’s EU Summit & Troika’s Misguided View of Greece
Posted Jun 21, 2015 by Martin Armstrong
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 [...]
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Greece – a Reversal of Fortune on the Horizon?
Posted Jun 15, 2015 by Martin Armstrong
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 [...]
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Is S&P Playing Dirty Games With Ratings Again?
Posted Jun 13, 2015 by Martin Armstrong
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 [...]
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EU Looking at Consolidating All Member Debt – Is It Too Late?
Posted May 30, 2015 by Martin Armstrong
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 [...]
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