Anyone Want to Buy Deutsche Bank?
Some more reasons why Deutsche Bank looks like one to avoid
Read more...Category Archives: Europe
Michael Hudson Discusses the New Global Financial Cold War
Michael Hudson discusses his paper, The IMF Changes Its Rules To Isolate China and Russia, and how jockeying among the big power players is becoming more visible and higher stakes.
Read more...Will German Sovereign Debt “Bail In” Scheme Destroy the Eurozone?
Germany is keen on implementing a sovereign bail-in plan that is certain to precipitate a crisis, but more likely a banking crisis than a breakup.
Read more...Eurobanks: The Probable Point of Failure as Systemic Stress Rises
Why Eurobanks are the most likely fracture point if current economic stresses continue.
Read more...John Helmer: Strauss-Kahn Finds a New Way of Dropping His Pants
Strauss-Kahn demonstrates that even tarnished brand names can still be monetized.
Read more...New York Times’ Bank-Boosting, Neoliberal-Excusing Story of the Global Debt Hangover
A new story at the New York Times on the global debt overhang is an economically warped account that omits important policy options.
Read more...Why the Neoclassical Story About German Wage “Moderation” Causing the Eurozone Crisis is Wrong
Focusing on German wage “moderation,” as in restriction, leads to a neat, plausible, and wrong tale of what caused the Eurozone crisis.
Read more...Grexit Risk May Be Back Sooner Than You Think
Why Grexit is likely to be back on the table by summer.
Read more...Fiscal Cost of Refugees in Europe
Data in Sweden shows that even with generous support for refugees, the costs are not high.
Read more...Wobbly Italian Banks May Get “Bad Bank” Resolution Vehicle
Italian banks’ extend and pretend game may be coming to an end.
Read more...The Implications of Foreign Minister Lavrov’s Snub of Victoria Nuland
The reign of neocons, as symbolized by State Department Victoria Nuland’s “Fuck the EU” remark, may be past its sell-by date.
Read more...Former BIS Chief Economist Warns of Massive Debt Defaults, Need for Debt Jubilee; Fingers Europe as First in Line
Even though the former chief economist of the BIS calls for a debt jubilee, it’s only part of the medicine needed to get the economy out of the ditch.
Read more...How Europe Will Fail to Address the Migration Crisis in Early 2016
Explaining the reasons for Europe’s gridlock on its migration crisis.
Read more...Lost in Assumptions: Assessing the Economic Impact of Migrants
Yves here. This post is more important than it seems for several reasons. First, it reveals one of the dirty secrets of modeling: if you tweak assumptions within plausible ranges, you can come up with wildly different outcomes. Second, it identifies what some of these assumptions are in the now-hot-topic of whether letting more migrants […]
Read more...John Helmer: The Clinton-Blair Dossier on Yeltsin and Putin
Newly-released material from Clinton archives show him and Blair working to control Yeltsin, with some success, and their plans for Putin.
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