European Union on Townhall

• Do You Trust Banks? Country by County Comparison Sat Jun 15
  Mike Shedlock
  Two Questions for European Readers: Why keep any money in banks other than the absolute bare minimum needed to pay bills? How many Cyprus-like confiscations does it take to convince you that leaving money in banks is a bad idea? ... more
• The "French Way of Life" on Collision Course with Germany Sun Jun 9
  Mike Shedlock
• Repetitive Stupidity Fri Jun 7
  Mike Shedlock
  No one wins a trade war. Ever. Not countries, not companies, and certainly not consumers. Yet, here we go again. People's Daily says China has more cards to play in EU trade dispute. ... more
• Austerity Myth Wed Jun 5
  John Stossel
• More Defined Benefit Pension Plans Going Bankrupt Tue May 28
  Mike Shedlock
  Things are getting rather interesting in the Netherlands as low interest rates have increased pension deficit liabilities. Unlike the US and other parts of Europe where deficits are ignored, Dutch law requires 105% funding and the plans fell from 152% funded in 2007 to 102% funded today. ... more
• Britain Does Not Need Europe Wed May 15
  Mike Shedlock
  In short, there are all kinds of things that can go wrong if the UK stays in, and there is little that can go wrong if the UK negotiates reasonable exit terms. And it is actually in everyone's interest to do just that. ... more
• German Export Machine Hits Skids; Imbalances Intensify Mon May 13
  Mike Shedlock
  Eurozone imbalances continue to grow even as German exports slump. Why? German imports slumped even more, and the German current account surplus grew. ... more
• Read Between the Lines: IMF Admits Spain is Bankrupt Sun May 12
  Mike Shedlock
  It should be obvious, to anyone reading this, that Spain is in an economic depression as well as bankrupt. It is equally obviously that eurozone imbalances and a flawed treaty are to blame. ... more
• ECB Ponders Buying Toxic Debt of the Periphery Fri May 10
  Mike Shedlock
  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
• Nigel Farage Jubilant After UKIP Soars in Local Elections Tue May 7
  Mike Shedlock
  The UK will rightfully kiss the EU goodbye, shedding the shackles of the nannycrats in Brussels at long last. ... more
• Increasing Likelihood of Unstable German Coalition Tue Apr 30
  Mike Shedlock
  I simply do not see how any sort of stable coalition can form either with or without Merkel. The Green party has now ruled out a coalition with Merkel, SPD wants Merkel gone, and the math for a Merkel-led coalition is simply not there. ... more
• Spanish Paper: Liberating Spain from Shackles of the Euro Fri Apr 26
  Mike Shedlock
  The important point is not agreement or disagreement with the author, but rather that a eurozone exit is now openly presented as a viable option in a mainstream Spanish newspaper. Expect such sentiment to grow along with rising unemployment and a sinking Spanish economy. ... more
• Political Prediction: Merkel Loses Chancellorship Wed Apr 24
  Mike Shedlock
  In past elections, as many as 40% of the eligible population did not vote. This brings a very large pool of voters that may turn out for the anti-Euro AfD party. Bernd comments "All indications show that AfD has a huge potential to convert nonvoters to voters. If election turnout is high, seats in Parliament may look drastically different than today." ... more
• Work For What You Need Wed Apr 3
  Rich Galen
  Regular readers know that I have the same understanding of global economics as a three-year-old has of quantum physics. ... more
• Italian President Giorgio Napolitano Denies He Is Stepping Down Mon Apr 1
  Mike Shedlock
  The ECB clearly does not want to take a chance that Beppe Grillio's Five Star Movement will win the next election, so the pressure is on by the ECB for a different result. ... more
• A European Bailout Unlike Any Other Tue Mar 19
  Rachel Marsden
  The European Union's $13 billion bailout plan for Cyprus has nothing to do with socialism but rather with much greater stakes. This is the EU attempting to outmaneuver an uncharacteristically flat-footed Vladimir Putin and Russia in a key battleground, over long-festering issues: transparency, corruption, and support of Syria and Iran. ... more
• Out of Ideas, Governments Try a Bank Heist Tue Mar 19
  John Ransom
  With liberal ideas firmly in the saddle, civilizing us, so to speak, we no longer applaud Depression-era bank robbers. Instead, today, we send them to Congress, or parliament, or the legislature, where governments try to achieve folk hero status by robbing banks and depositors alike. ... more
• It Begins: Confiscation of Private Funds by Government Desperate for Cash Mon Mar 18
  Katie Pavlich
• Obama calls for U.S. free trade pact with European Union Tue Feb 12
  Reuters News
• Is Turkey Leaving the West Thu Feb 7
  Daniel Pipes
  Recent steps taken by the Government of Turkey suggest it may be ready to ditch the NATO club of democracies for a Russian and Chinese gang of authoritarian states. Here is the evidence: ... more
• Europe's Wishes Came True Thu Jan 24
  Victor Davis Hanson
  Almost a decade ago, Europeans and many progressive Americans were lamenting how the United States was going to miss out on the 21st-century paradigm symbolized by the robust European Union. ... more
• Jews in the Judean Desert? Thu Dec 20
  Cliff May
  The European Union is outraged! ... more
• Government Gone Bad Wed Dec 12
  John Stossel
  Politicians claim they make our lives better by passing laws. But laws rarely improve life. They go wrong. Unintended consequences are inevitable. ... more
• Protesters say European Union does not deserve Peace Prize Sun Dec 9
  Reuters News
• Merkel warns Britain against European Union exit Wed Nov 7
  Reuters News

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