Perhaps Angela Merkel thought we didn’t yet know how full of it she is. Perhaps that’s why she said yesterday with regards to Europe’s refugee crisis that “Everything must move quickly,” only to call an EU meeting a full two weeks later. That announcement show one thing: Merkel doesn’t see this as a crisis. If she did, she would have called for such a meeting a long time ago, and not some point far into the future.
Read more...A new study has important implications for IMF policies as well as for Greece, both “reformers” and those who advocate a Grexit.
Read more...Yves here. Richard Smith is on the trail of what looks to be his biggest international scam find ever, orders of magnitude larger than the usual below the radar single to low double digit million dollar/pound/euro operation that he has ferreted out in the past. And mind you, even though he focuses on the dubious […]
Read more...How the Founding Fathers and successful advancing economies steered clear of manufacturer-destroying “free trade”.
Read more...How Germany’s wage repression, a war against its own workers, has been exported to the rest of the Eurozone.
Read more...Demonstrating why Menzie Chinn stated, “The ALEC economic outlook ranking is, in my assessment, a manifestation of faith based economics.”
Read more...A thorough discussion of the background and implications of the so-far modest devaluation of the RMB.
Read more...Conventional wisdom has it that strengthening dollar hurts emerging markets via a sudden exodus of host money. A new study argues that real economy forces are a bigger driver, specifically lower commodity prices.
Read more...Spain has been hit by 19 trade suits over renewable energy subsidies alone. More would come if the TTIP become law.
Read more...Power 8, Sponsor of Everton FC, Fulham FC and RCD Espanyol, is a $250Mn Pyramid Fraud.
Read more...When a Liberal government in Australia won’t back Obama’s “deal is near” party line on the TPP, you know it’s on the verge of being officially dead.
Read more...Despite the 7% GDP growth published and hotly defended by the Chinese government, it is increasingly clear that the country is beset with a host of immense problems, after a debt-fueled binge of overbuilding and over-stimulating.
Read more...Yet again, HIllary Clinton tries to distance herself from her “sell out the middle class” policies, this time on “free trade”.
Read more...Ding dong, not only is the TPP dead, it’s apparently really dead.
Read more...Describes the many ways that the Trade in Services Agreement would make it virtually impossible to implement and strengthen financial regulations.
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