Who really won the war?
From the strategist Charles Gave: “Let’s be very clear here: this is what the euro has wrought. This destruction of the non-German industrial bases has taken place with the active complicity of the...
View ArticleNo matter who is elected, Italy will stay in the doldrums
Italy goes to the polls Sunday and Monday for national and regional elections. There has been great uncertainty about the outcome and this seems to be a major factor behind the under-performance of...
View ArticleCyprus brings us one step closer to Euro Break-Up
So it now looks as though Cyprus, a bucolic island of some 860,000 people in the heart of the Mediterranean, really does matter. Here’s how things stand: Bullied by the the European Union, the ECB and...
View ArticlePortugal shows that there’s more fiscal insanity ahead
Portugal’s prime minister says the government will have to cut spending on health, education and social security to keep the country’s €78bn bailout programme on track. He made a televised address on...
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