Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

Sunday, August 9, 2015

U.S. is Destroying Europe

I'd go further than the author has.  The end game for US foreign policy isn't to destroy Russia into a vassal state.  It's to counter both Russia's and China's ploy to end USDollar hegemony.

http://www.strategic-culture.org/news/2015/08/07/us-is-destroying-europe.html

Monday, January 5, 2015

Saturday, October 4, 2014

Clearly Europe Has A Crushing Deflation Problem... Oh Wait

This is the fundamental problem with neo-Keynesian economists:  they believe deflation is the biggest impediment to economic growth.  It is, to a certain extent--to the banking system, for starters.  But to the masses, rising prices against a backdrop of declining incomes is destroying the middle class and under class.

Injecting liquidity to solve a debt problem worsens the vicious cycle of more indebtedness.

http://www.zerohedge.com/news/2014-10-04/clearly-europe-has-crushing-deflation-problem-oh-wait


Thursday, August 7, 2014

Europe Furious That Putin Dares To Retaliate To Sanctions, Blames Economic Slide On Kremlin

As Putin predicted, US-led NATO economic sanctions against Russia will have a boomerang effect, hurting the US and Europe as much, if not more.  Russia is pivoting to other trade partners, including the BRICS and especially China.

The overarching (but unreported) problem is these sanctions are merely accelerating the demise of the USDollar as the global reserve currency.  Well done, US politicians.  You've just hastened the decline of America's standard of living.

http://www.zerohedge.com/news/2014-08-07/europe-furious-putin-dares-retaliate-sanctions-blames-economic-slide-kremlin