Latin Invasion – What Would Napoleon Say?
Starting 1807 Emperor Napoleon of France invaded the Iberian peninsular in a disastrous Peninsular War campaign — leaving behind him mayhem and the Napoleonic code – so might a role reversal 200 years later be a belated form of poetic justice? Earlier still of course — beginning 1796 – Napoleon had conquered what is today northern [...]
Euroland Mega-Meurons will Destroy Us
Would you feel safe in a country ruled by morons and populated by zombies? Well that is one very senior economist’s rating of the leadership of the EU sovereign debt crisis, now of course steered by Horkel (Hollande-Merkel). Eurozone crisis: between meurons and zombies Europe’s financial-existential crisis has been intensified at every stage by the [...]
Death of The Euro: French Austerity Ahead?
As market tensions peak and Euro-politicians abjectly fail to end the (P)russian Roulette ravaging the euro, a question for the French is if banks in Greece, Spain and Italy fail how savage will ensuing French austerity be? The Death of The Euro: What Next? by Mitch Feierstein (Republished by kind permission of the author [...]
Euroship Holed Below the Water Line?
Well that didn’t take long. Here we reported concerns that the vastly expensive euro rescue package hastily stitched together late July, might sink before euroland leaders got back from holiday …. and behold: “Citigroup’s Willem Buiter: As long as the ECB stays on the sidelines, a speculative, fear-driven withdrawal of market funding can feed a self-fulfilling insolvency for either or [...]
