Alasdair Macleod: The collapsing euro and its implications
The euro system and its currency are descending into crisis. Comprised of the ECB and the National Central Banks, the system is over its head
The euro system and its currency are descending into crisis. Comprised of the ECB and the National Central Banks, the system is over its head
Are you sick of your gold just sitting there when it was supposed to have long since made you rich? Have you been fantasizing about
After a long, initially-successful run promoting European integration and mass immigration, German Chancellor Angela Merkel saw the bottom fall out of her political fortunes this
When Italy elected a bunch of rowdy populists back in March, the rest of the eurozone assumed (or at least hoped) that the weight of
Europe is frequently held up as an example of how the rest of the world should behave on a variety of issues. But this comparison
The rise of French far-right presidential candidate Marine Le Pen has made a lot of people nervous since, among many other things, she’s in favor
Europe is the birthplace of Western civilization and the source of most of the trends and bodies of knowledge that define modernity. The average European
So far, each financial crisis in the series that began with the junk bond bubble of 1989 has been noticeably different from its predecessors. New
One of the (many) fascinating things about this latest global financial crisis is that there’s no single catalyst. Unlike 2008 when the carnage could be
Normally there’s a distinct pattern to the impact of Federal Reserve statements on the financial markets. The tone of equities trading in particular starts to
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national
Let’s see…a heavily-indebted country can’t pay its bills, engages in a long series of failed attempts to manage a partial, controlled default, sees most of
Sometimes little things are the start of much bigger things. Probably the most famous historical example of this is the June 1914 assassination of an
As an Italian-American I’m allowed to say it: Italians are an amusing mess. They go on about “la dolce vita,” the sweet life of long
The premise of this series is that once a country’s debt rises to a certain level, the country becomes impossible to govern. Voters accustomed to a
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