Tag Archives: The ECB

The E.U. and Greece: Bluffing at Piker (When You’re Busted)

The Greeks are the currently anointed European crisis; that is fine with the Finns, the Spanish, Portuguese, Italians and French whose condition is not much different, though less well spotlighted. In the ‘last ditch’ talks wherein the E.U. will cave … Continue reading

Posted in European Union, Greece, The Euro | Tagged , , , | 2 Comments

Will “Brunhilde” Merkel Carry Off The Heroes Of Finance?

The world financial economy resembles a single track railroad tunnel into which two heavy freight trains have entered simultaneously, one from each end, both going inward. We know what must occur and we know that it is too late for … Continue reading

Posted in Economics, Monetary Policy, The E.U | Tagged , , , , | 6 Comments