Italy Bars Landing of Ship With 629 Migrants as Finance Minister Takes Euro Exit, Parallel Currency Off Table
Why the self-styled reformist government in Italy is already looking like a paper tiger.
Read more...Category Archives: Europe
A Hard Look at the Mini-BOT, the Parallel Currency Idea of Italy’s New Ruling Coalition
The mini-BOT has only been sketched out at a high level. How might it work and more important, would it succeed as a parallel currency?
Read more...More Brexit Insanity: Corbyn Proposes Dead-on-Arrival, Misbranded “Soft” Brexit; Auto Part Makers to Take Huge Hit; Irish Border Groundhog Daze
Brexit madness is only getting worse….
Read more...Italy’s New Prime Minister Conte Says Euro Exit Off the Table, But Mr. Market Pouts About Spending Talk
Italy’s new government makes some opening moves.
Read more...Trade Wars: How Exposed Are EU States and Industries to the US?
Taking a more granular look at how a trade war with the US might hit the EU.
Read more...Did Italy’s 5 Star-Lega Coalition Blink in Its First Standoff With Eurocrats and Banksters?
Taking stock of the opening moves in the confrontation between Italy’s upstarts and the European establishment.
Read more...Brexit Becoming More Unpopular as Yet More Warts, Like VAT Administration, Come Into Focus
The latest Brexit updates aren’t very cheery.
Read more...NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades
Markets wail and gnash their teeth as normalization of Italian yields sets in.
Read more...Italy’s Political Crisis….How Ugly Might It Get?
Identifying issues that may influence how Italy’s political crisis over the rejection of a Lega Nord-5 Star economy minister plays out.
Read more...There’s No Getting Around Iranian Sanctions
A discussion of the how Europe’s efforts to buck the US sanctions against Iran may play out.
Read more...Don Quijones: Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks)
“Doom loop” begins to exact its pound of flesh.
Read more...Lib-Pop Politics: Italy’s New Government Is More Neoliberal Than Populist
Italy’s much ballyhooed populism is looking a lot like a sellout.
Read more...EU Shows Up UK Brexit Trade Fantasies by Opening Bi-Lateral Negotiations With Australia and New Zealand
Yet another Brexit black eye.
Read more...Wolf Richter: Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge”
The ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
Read more...Planet or Plastic
Planet or Plastic: more than individual solutions will be necessary to solve the problem. This is not a left/right issue.
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