The Euroland crisis is coming to a head. This week and the next few weeks will be very interesting. For a number of reasons. [Read on]

On the point that bankers are responsible for the Euro problems, and not politicians, or countries, here is some proof. It was published by the Financial Times Deutschland last week and was headlined “The drama only started with the financial crisis”.  [Read on]

Have you noticed how quiet it has gone around the issue of growth stimulation in the European Union? After a few weeks of get-togethers between state representatives, which produced very little (actually nothing) in the form of ideas to stimulate the Club Med economies in the short term, the topic vanished from the radar screens in the past week or two. Why? Has the need for short-term stimulation evaporated? To the contrary. The economic situation in these countries is dire and getting more dangerous (also as far as political stability is concerned) by the day. So, why do the governments do nothing? [Read on]