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Draghi Admits EU May Breakup For First Time

For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any [...]

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The Failed EU Design – The Great Divide West v East

QUESTION: I saw you at your presentation in Dresden last year. Things in the East are rather different from the West in Europe. Do you have any comments on this [...]

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The Euro and Why the Dollar Will Not Be Dethroned

In the Eurozone, Mario Draghi has announced that his quantitative easing has failed to produce inflation as everyone assumed. After nine months of buying various [...]

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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 [...]

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U.S. vs. Brussels on Greece

QUESTION: Mr. Armstrong, It seems curious that the IMF would release a report ahead of the Greek Referendum that was over the objections of the European members. [...]

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World in Review: The Greek Tragedy Continues to Set the Tone

  The Greek drama of Greek Tragedy continues with a rumored agreement to continue the stimulus in return for promised reforms, only to have Greek Prime [...]

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Greek Bank Run Begins

The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout [...]

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The Debt Crisis in Europe That Can’t Wait

There is little doubt that people are now calling for a debt crisis in European sovereign debt. When we began warning that this crisis would arrive by 2015 before [...]

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