Category Archives: Europe

Brexit: Pulling the Signal Out of the Noise

Getting a better picture on Brexit: the underlying class and economic stresses and how that might play into what happens next.

The Sterling Depreciation of 2007-2008 and Its Implications for Brexit

The unexpected impact of the fall in sterling in 2007-2008 suggests Brexit could produce a drastic drop in UK living standards.

Brexit: The Crisis Begins

The Brexit vote was a stunning repudiation of neoliberalism and austerity. But what comes next?

John Helmer: US Strategy for Russia – Wage War but Not Declare It

A catalogue of recent US moves to goad Russia.

Brexit Risk and Nigel Farage: We Know Where His Mouth is (“England”), But is His Money Offshore?

Is Nigel Farage’s wealth offshore? Is that why he’s so calm about Brexit?

French President Threatens to Outlaw Protests Against Labor Reforms

An update on the labor protests in France.

British MP Jo Cox Murdered in Presumed Brexit-Related Attack

A British MP, Jo Cox, is dead in a presumed politically-driven murder.

Mathew D. Rose: Brexit – The End of the Universe

Germany is determined to teach the UK a costly lesson if it dares to defy its hegemony via a Brexit.

More Collateral Damage From Negative Interest Rates (Updated and Corrected)

Spain demonstrates some of the costs and dislocations created by negative interest rate policies.

Cyprus Officials in Stealth Talks with Victoria Nuland on Turkish Troop Plan

Also, a Russian squillionaire and Irish accountants!

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.

Banks Rebel Against Negative Interest Rates

Banks have had it with negative interest rates and are starting to push back.

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.