Category Archives: Europe

Deutsche Bank Chief Economist Joins SocGen Chairman in Trying to Foment Banking Crisis to Get Germany, Brussels to Blink

Why bank executives are stoking a banking crisis.

China Destabilizes Global Economy by Exporting Deflation Through Currency Devaluation

China is behaving badly by trying to maintain growth at the cost of worsening deflation in the rest of the world.

The UK Vote to Leave European Union

A judicious, high level overview of the Brexit vote and its implications, the big one being that it moves Britain to the right.

Political and Financial Contagion from the Italian Banking Crisis: Italy’s Exit?

Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.

Brexit Empty Threats: The UK’s Fantasy of Becoming a Big Tax Haven

How a naive idea about the UK becoming a big fat tax haven to stick it to the EU reveals a lot about official and pundit thinking.

Crisis After Brexit: Let Us Put An End to the Old Europe of Denigrators

Europe’s tall order for combatting Brexit: “What is called for is a union so good that people will want more of it.”

Bill Black: BREXIT – Tony Blair

Tony Blair sides with the bankers and against the popular will. Quelle surprise!

Brexit: Huge Spanner in the Works – Negotiation of New UK Trade Deals Verboten Till Exit Complete

“Tortuous” does not even begin to describe how hard it will be for the UK to strike post Brexit trade deals. Negotiations cannot begin until the UK has left the EU.

Brexit: Why the UK is Unlikely to Have a General Election Soon

Explaining the not-well-understood UK general election rules and how they play into the Brexit calculation.

Brexit: Does Invoking Article 50 Require the Approval of Parliament?

Gaming out whether Parliament can or will try to stop the British Government from invoking Article 50.

UK, EU Talk Past Each Other on Brexit Negotiations

The disconnect between the UK and EU over Brexit basics revealed yesterday was disconcerting.

Matt Stoller: How the US Saw Multinationals as a Means to Prevent War

The role of multinationals in the post World War II order.

How Brexit Threatens to Turn the UK Into “Borisland”

How the Tories and UKIP intend to use Brexit to impose permanent austerity and reduce workers’ rights.

Satyajit Das: What If Anything Does Brexit Really Signify?

An appraisal of the Brexit sound and fury.

Boris “Just Kidding” Johnson Outlines His Rainbows and Unicorns Brexit Plan

Boris Johnson is now the most hated person in the Western world.