ECB on Townhall

Mike Shedlock - Sat May 18

Not only is the Hollande in praise of competitive currency debasement which mathematically cannot work if every country does it (not that it can work anyway without long-term consequences), he also wants to sell France government holdings "without ceding state control or influence over vital companies". ... more

Mike Shedlock - Fri May 10

Talk of "temporary public support" ought to scare everyone in Germany to death. Heck, this kind of talk should scare the UK to death as well. It serves as a warning signal for the UK to exit the EU while it can. ... more

Mike Shedlock - Tue Mar 12

Economist Nouriel Roubini is now actively proposing the ECB enter the global beggar-thy-neighbor currency wars as a solution to the eurozone crisis. ... more Staff - Fri Apr 20