Posts Tagged ‘Eurozone’

Pro-Euro German Finance Minister Now Having Second Thoughts?

Monday, 06 May 2013 12:00 Written by Bob Adelmann 0 Comments

The headlines were deceiving! Imagine that! I was so surprised!

The Modern German Economic Model is a Myth

Wednesday, 17 April 2013 19:00 Written by Bob Adelmann 0 Comments

The German model highly touted as the perfect solution to reviving economies has now been shown to be not only a myth but a fraud.

The coming Tobin Tax and Wall Street

Friday, 12 April 2013 06:07 Written by Bob Adelmann 0 Comments

This is speculation on my part, but it does seem reasonable. Wall Street is anticipating something positive and it’s not in the economy. Maybe the Tobin tax has something to do with it.

Bank of Cyprus Expands Robbery of Depositors’ Money

Monday, 08 April 2013 11:00 Written by Bob Adelmann 0 Comments

Theft is theft. Robbery is robbery. That it’s being done in broad daylight by an institution that is supposed to protect your money simply adds to the outrage. The email sent to Bank of Cyprus depositors is being received by every bank depositor in the world.

Cyprus Deal Turns Bank Depositors into Lenders, Abolishes National Sovereignty

Monday, 25 March 2013 19:00 Written by Bob Adelmann 0 Comments

The details of the deal are ugly. But the real cost is the loss of national sovereignty. Cyprus is now ruled by the Eurogroup, and is now just a vassal state.

Gold Standard Arguments Being Promoted Again

Monday, 14 January 2013 19:00 Written by Bob Adelmann 0 Comments

Predictions for the reestablishment of the gold standard in the next few years are optimistic. But at least the conversation is beginning.

More of America’s National Debt Being Bought by Foreign Governments

Tuesday, 18 December 2012 15:04 Written by Bob Adelmann 0 Comments

China and Japan continue to invest their surpluses in US government debt. Where else would they go?

Making Sense of Europe’s Nonsense

Thursday, 15 November 2012 07:49 Written by Bob Adelmann 0 Comments

There are moments of clarity, when things all of a sudden come into focus. This is one of them.

The Trouble with Outright Monetary Transactions

Monday, 29 October 2012 06:37 Written by Bob Adelmann 0 Comments

It’s a game, a charade. Even if the central bank’s president lies through his teeth, his audience believes him anyway. Is there no one there to exclaim: “The emperor is naked!”?

Quick! Who is the Most Powerful Person on the Planet?

Sunday, 28 October 2012 09:38 Written by Bob Adelmann 0 Comments

Mario Draghi. Who? According to Matthew Lynn, writing at MarketWatch.com, “measured by what [he] can actually do, the most powerful person will soon be the president of the European Central Bank, the Italian banker Mario Draghi.” He explains: In the last few weeks, we have seen an extraordinary expansion of the European Central Bank’s powers. It can [...]