July 25, 2016
Eurozone Banking
We have often written of the difficulties of the Eurozone Banking System (See China? Oil prices? Saudi Arabia? Iran? Why Volatility? The Grand Surpise Part Two, January 12th 2016, Octavian…
Posts filed under eurozone
June 27, 2016
BREXIT – the Economics
“Britain’s exit from the European Union is of less significance than the economists have contemplated” at least for the UK. The economic pundits, always in sync with the status…
June 10, 2016
The State of the World Economy
We are facing a rerun of 2007-2008 with more dire consequences and a longer duration than we experienced then. The first blows will surface as a result of the…
May 16, 2016
Brussels Proposes “Guillotine” to Stabilise failing Banks
Eurozone bank depositors may face a threat to liquidity and even the loss of their deposits if Brussels enacts the “moratorium tool.” Effectively depositors will “opt-in” to bank failures in…
June 05, 2015
Out Of Cash, Out Of Time, Out Of Options // Greece – EUROZONE Report
I’m reposting a letter sent to me, which I think is a poignant response to the economic situation in Greece today. Dear Mr. Edelman, As you already know, today Greece…
June 29, 2012
EU, The Truth of the Matter
Of the €400 billion plus in rescue funds loaned to Greece all but €15 billion went to assist the banks. Almost all of what was received by the banks was recirculated to…
Asher Edelman 