Europe Has Completely Lost It
DPC Clam seller in Mulberry Bend, NYC 1904 After the high-level EU summit on the migrant issue, hastily convened after close to a thousand people drowned last weekend off the Lybian coast, Dutch PM...
View ArticleDebt Rattle August 24 2015
Dorothea Lange Rear window tenement dwelling, 133 Avenue D, NYC June 1936 • Global Selloff Deepens as Stocks Sink With Oil (Bloomberg) • Global Bloodbath Sparks Financial Crisis Fears (News.com.au) • A...
View ArticleRefugees Expose Europe’s Lack Of Decency
Dorothea Lange Arkansas flood refugee family near Memphis, Texas 1937 This is a story I’ve been wanting to write for a while now, at least two full weeks, but haven’t gotten around to because I have my...
View ArticleDebt Rattle November 8 2015
John Vachon Big Four Cafe, Cairo, Illinois May 1940 • China October Imports Fall 18.8% From A Year Ago, Exports Down 6.9% (Reuters) • Marginal Productivity Of Chinese Debt Goes From Bad To Much Worse...
View ArticleGreece Is A Nation Under Occupation
Yannis Bahrakis Witnessing the refugee crisis 2015 Perhaps the best way to show what a mess Europe is in is the €3 billion deal they made with Turkey head Erdogan, only to see him being unmasked by EU...
View ArticleThe Balkanization of Europe
Danae Stratou, Ilargi, Yanis Varoufakis and Steve Keen Feb 16 2016 When my mate Steve Keen took me to meet Yanis Varoufakis for dinner last week when we all happened to find ourselves in Athens...
View ArticleDebt Rattle June 1 2016
Arthur Rothstein Steam shovels on flatcars, Cherokee County, Kansas 1936 • China’s Debt Bubble Bigger Than Subprime Bubble (MW) • Yuan Tumbles As China PMI Miraculously Hugs Flatline (ZH) • Double Blow...
View ArticleDebt Rattle June 23 2016
Harris&Ewing Horse and Motor Oil, Washington, DC 1918 • World’s Central Bankers Will Be Holed Up In Basel For Brexit Fallout (BBG) • Who Is The “European Movement”? (Werner) • Vancouver Proposes...
View ArticleDebt Rattle April 14 2017
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