Tag Archives: germany

France Joins Germany to Sell T-Bills At Negative Yield

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EMESE BARTHA wsj.com July 9, 20112 France joined a handful of euro-zone countries Monday in selling short-term debt at negative interest rates as investors seek alternatives to expensive German and Dutch debt. Earlier in the day, Germany’s six-month borrowing costs … Continue reading

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The EU is Out of Money. End of Story. And Neither the Fed Nor the ECB Can “Print” To Save the Day

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It’s been known for a good while now that all the major banks both in the U.S. and Europe are insolvent and the EU is out of money. Why else do you think they’ve been playing so many games with … Continue reading

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ZeroHedge: The EU Has Already Broken Up… They Just Haven’t Formalized Yet

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This article is from last week but I thought it was worth posting as a reminder of how bad things are in the Euro zone right now, and getting worse by the day. –Dennis Submitted by Phoenix Capital Research on … Continue reading

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ZeroHedge: Cyprus, The Eurozone Breakup, & “The Dog in Charge of the Sausage Supply”

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Submitted by testosteronepit on 06/27/2012 18:58 -0400 Wolf Richter   www.testosteronepit.com Finland doesn’t get the white-hot attention Germany does, but it should because it could be the driving force behind a breakup of the Eurozone. And it fired another shot: it … Continue reading

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ZeroHedge: Beggars Can Be Choosers As Pro-Bailout Greeks Debate What Conditions They Hand Over To Merkel

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Submitted by Tyler Durden on 06/19/2012 15:40 -0400 For the second time in a few short months we are amazed to learn that beggars can be choosers. The Greek pseudo-coalition between ND, Pasok, which promptly determined it would only be … Continue reading

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Headlines from The Telegraph, UK – June 13, 2012: Eurozone falling apart

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Debt crisis: Germany signals shift on €2.3 trillion redemption fund The German government has begun opening the door to shared debts for the first time in a profound change of policy, agreeing to explore proposals for a €2.3 trillion (£1.9 … Continue reading

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ZeroHedge: Italy Trembling on the Brink

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Submitted by testosteronepit on 06/13/2012 19:34 -0400 Wolf Richter   www.testosteronepit.com “I believe, no,” is how Italian Prime Minister Mario Monti answered the question if Italy would seek a bailout—lacking the bravado and vehemence with which Spanish Prime Minister Mariano Rajoy … Continue reading

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Greek tax collectors run out of money for gas to collect taxes…while the tax evaders get violent

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Greece Warns of Going Broke as Tax Proceeds Dry Up Nikos Maitos investigates tax evasion. He said one business owner attacked him with a whip. Eini Vourloumis for The International Herald Tribune By LIZ ALDERMAN Published: June 5, 2012 As … Continue reading

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ZeroHedge: Everything is Getting Gummed up in Greece

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Submitted by testosteronepit on 06/03/2012 19:46 -0400 Wolf Richter   www.testosteronepit.com Tourism, Greece’s second largest industry after the shipping industry, and already in a downdraft, is taking another hit as tour-bus drivers will go on strike next week; wage negotiations have … Continue reading

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Here’s the REAL DEAL NO BS Situation with Europe (Warning What Follows is EXTREMELY BAD).

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I felt the info offered in this article was important but I wanted to note that I have no idea what the free report offered at the end of the article is about. I haven’t read it and don’t plan … Continue reading

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