This week, my congressional committee will hold a hearing to examine how the Federal Reserve bails out European banks, propping up spendthrift European governments in the process. Unfortunately this bailout comes at…
Tag: EU
Does the ECB Have a Plan to Rescue the Euro? None That I See!
by Jack Crooks Saturday, January 21, 2012 at 7:30am We’re constantly talking about how much help the euro zone needs to escape the economic mess they’ve created. So will the European Central…
Tobin Tax Threatens To Derail Upcoming EU Summit
Peter Lavelle at foreign currency exchange broker Pure FX 10.01.2012 Is the upcoming EU summit on Jan 30th set to revive the fortunes of the ailing euro? Nicholas Sarkozy and Angela Merkel…
The Euro Could Fall all the Way to 90 Cents
By Evaldo Albuquerque, Editor, Exotic FX Alert and Currency Capitalist Europe’s woes will not be banished – and this week, just when you thought it was safe, things got even worse. Spain…
Eurozone collapse ‘starts this year’ says CEBR
Europe’s single currency is almost certain to disintegrate within the next decade, the CEBR has predicted, with Greece and Italy potentially abandoning the euro this year…or so this article says (The Telegraph)….
Why Everyone is Wrong About the Euro
By Jeff D. Opdyke, Investment Director, The Sovereign Individual “People are looking at the hood of their car while they’re driving. Some are even looking at their feet. No one seems to…
Beware the Coming Bailouts of Europe
The economic establishment in this country has come to the conclusion that it is not a matter of “if” the United States must intervene in the bailout of the euro, but simply…
The Light Bulb Moment for the Eurozone
EWI’s free EU debt report sheds some light on what’s in store By Elliott Wave International How many European bankers does it take to change a light bulb? That’s a joke in…