More Collateral Damage From Negative Interest Rates (Updated and Corrected)
Spain demonstrates some of the costs and dislocations created by negative interest rate policies.
Read more...Category Archives: Europe
Why a Leave Vote May Not Result in a Brexit
The ruling classes in the UK will be highly motivated to try to get the Brexit genie back in the bottle.
Read more...Cyprus Officials in Stealth Talks with Victoria Nuland on Turkish Troop Plan
Also, a Russian squillionaire and Irish accountants!
Read more...Bond Market Flight to Safety as Investors Sweat Over Brexit Risk, Wobbly US Economy, Negative Rates
Investors got a big dose of bad news about the economy and geopolitics and reacted accordingly.
Read more...Banks Rebel Against Negative Interest Rates
Banks have had it with negative interest rates and are starting to push back.
Read more...The Abandonment of Countercyclical Fiscal Policy
Economists bemoan the lack of aggressive fiscal spending after the crisis. Funny how few of them were willing to advocate it when it mattered.
Read more...Hoisted From Comments: Neoliberalism Tearing Societies Apart
The true destructiveness of neoliberalism is becoming more and more apparent.
Read more...EU’s Politically Biased Tax Haven Blacklist Excludes US and Switzerland
Only small fry get whacked for being tax havens. The big boys get their waivers.
Read more...MH17 Coroner Michael Barnes, Australian Lawyers in Head-On Crash With the Rules of Evidence
A MH17 case in Australia violates ECHR rules and has a New South Wales coroner suppressing evidence and Sky News doctoring stories post publication.
Read more...Scenes From Paris Protests (and an Update from Alison)
A sighting from the protests in Paris over proposed anti-labor regulations.
Read more...Clinton Chasing Votes With Fracking U-Turn
Clinton’s fracking reversal will alienate the energy industry without appeasing environmentalists, since fracking produces methane and earthquakes.
Read more...IMF Not Funding July Greece Deal, Still Wants Serious Debt Relief Before Committing New Dough
The IMF has not given up on debt relief for Greece, but due to the upcoming Brexit vote, is holding off on the fight until fall.
Read more...Reader Note on Strikes in France: “Pass the Popcorn”
Transportation unions and airport workers are joining strikes in France to protest new labor laws,….right before the Euro Cup and tourist season.
Read more...Germany and IMF in Staredown Over Greek Debt Relief
The IMF and Germany have staked out irreconcilable positions on Greece. Who will blink first?
Read more...Michael Hudson: Warning to Europe – How the TTIP Threatens Public Health Care and Pensions
Why the TTIP poses a wide-ranging threat to European health and pension policies.
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