wolfstreet.com / Don Quijones / September 21, 2014
y Don Quijones, freelance writer, translator in Barcelona, Spain. Raging Bull-Shit is his modest attempt to challenge the wishful thinking and scrub away the lathers of soft soap peddled by political and business leaders and their loyal mainstream media. This article is a Wolf Street [...]
Christopher Helin Star auto on steep grade, San Francisco 1922
theautomaticearth.com / By Raúl Ilargi Meijer / September 19, 2014
The quote of the day today must be this one from Belgian EU Trade Commissioner Karel De Gucht in the aftermath of the Scottish rejection of independence: “A Europe driven by self-determination [...]
zerohedge.com / by Tyler Durden on 09/15/2014 13:59
We recently explained how ISIS remains so well funded but what was unclear was who exactly what purchasing their ‘recently-provisioned’ oil reserves? The assumption being some desperate third-world nation or some scheming offshore hedge-fund arbitrageur; however, as Sott.net reports, a senior European Union [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Sunday, September 14, 2014 2:05 AM
Don’t Like the Rules? Then Ignore Them: French Style
When it comes to fiscal policy in the EU, you can break whatever fiscal rules you want, provided you are big enough.
France qualifies, so does Germany. If you are small like [...]
zerohedge.com / by Tyler Durden on 09/12/2014 17:17
While the world was poring through the details of the latest round of preannounced western sanctions against Russia – a round which Russia commented would have virtually no actual impact – and just as excitedly awaiting the Kremlin’s retaliation which Putin warned is coming [...]
theautomaticearth.com / by Raúl Ilargi Meijer / September 11, 2014
Someone should shut up George Soros. The Financial Times offers him a podium because he’s rich, and if you’re rich, people today think you must be smart, and right, as well. We admire money, not brains; indeed, we confuse the two.
caseyresearch.com / By Chuck Butler / September 12, 2014 5:29am
In This Issue.
* The dollar is mixed this morning. * Swedes go to the polls this weekend. * Scotland vote is a week away. * Is A$’s seeing Central Bank intervention?
And Now. Today’s A Pfennig For Your Thoughts.
Dollar Best Week In 10 [...]
thedailybell.com / By Staff News & Analysis / September 12, 2014
Fragmentation fashion across Europe means German hegemony, if we’re lucky … The German people so far remain a bastion of rationalism, holding together as others tear themselves apart. Europe is disintegrating. Two large and ancient kingdoms are near the [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / September 11, 2014
The EU stepped up its sanctions today after forcing all the ducks in line with the position of president Obama. Russia immediately responded in kind with actions on cars, clothes, and energy.
The Financial Times reports Russia Threatens to Cap Western Car and Clothing [...]
zerohedge.com / by Tyler Durden on 09/11/2014 16:06
For the 3rd day in a row, the USDollar flatlined as JPY & AUD weakness offset GBP & EUR strength (following Kuroda’s speech this morning). Stocks dipped-and-ripped once again – as they always do into and after the EU close – with the S&P managing to [...]
zerohedge.com / by Tyler Durden on 09/11/2014 14:07
As usual, every European snaction (sic) has an equal and opposite Russian reaction. Here is how the Russian Foreign ministry responded to what van Rompuy announced earlier today would be a new round of Russian sanctions, which wil finally be enforced tomorrow. First from the [...]
zerohedge.com / by Tyler Durden / 09/11/2014 09:12
From Europe’s Chief Haiku Officer, Herman van Rompuy (now that he is president only in legacy terms, replaced by the guy who will lie – and allegedly drink – every time it gets serious):
Statement by the President of the European Council Herman Van Rompuy [...]
zerohedge.com / by Tyler Durden / 09/11/2014 09:41
Authored by George Soros, originally posted Op-Ed at The FT,
This is the worst possible time for Britain to consider leaving the EU – or for Scotland to break with Britain.
The EU is an unfinished project of European states that [...]
theautomaticearth.com / by Raúl Ilargi Meijer / September 10, 2014
Harris & Ewing Texaco, Washington, DC 1920
What do you think the situation in Scotland would be like if an army acting on behalf of the London government had just killed thousands of Scots in Glasgow and Edinburgh over the past 6 months and [...]
zerohedge.com / by Tyler Durden on 09/10/2014 12:45
Current finance minister Sapin, perhaps unsurprisingly, has admitted that France will miss EU deficit targets and needs more time to rein in public finances – proclaiming, as Reuters reports, that it may take until 2017 to bring it in line. Germany’s response “nein, nein, nein” [...]
armstrongeconomics.com / by Martin Armstrong / September 10, 2014
The Spanish government is militarizing gearing up for violent protests against the EU that are expected to turn up before a hot autumn. Spain is now equipping the police for about one billion euros with new combat equipment. Violent protests in Spain since the crisis [...]
zerohedge.com / by Tyler Durden / 09/10/2014 10:24
As reported eaelier this morning, here, courtesy of Bloomberg, are the nominees for the next European Commission under the presidency of Jean-Claude “If Serioues Then lie” Juncker, with one from each of the European Union’s 28 countries. Job assignments were announced today by the incoming president, [...]
armstrongeconomics.com / by Martin Armstrong / September 9, 2014
We have been warning that the Scottish separation was something to take seriously since the Berlin Conference in 2012. Now suddenly the polls are showing Scotland just may vote YES and leave the UK because of the rising chaos in the EU and the totally [...]
zerohedge.com / by Tyler Durden / 09/09/2014 08:25 -0400
The dramatic rise in support for Scottish independence is nowhere more evident than in GBPUSD implied volatility, which has soared to 3-year highs as The Guardian reports a further poll showing next week’s referendum is on a knife-edge with a gap of just 1 [...]
zerohedge.com / by Tyler Durden on 09/08/2014 16:06
Today some very significant moves across asset-classes – despite the apparent close-to-close ‘blahness’ of stocks (Dow, S&P, Trannies small red, Nasdaq green) and bonds (30Y unch, 5Y +2bps) from Friday’s close. The USD surged to fresh 15-month highs, ripping another 0.6% higher as GBP, EUR (1.28xx), [...]