The only obstacle and most important to the issuance of Eurobonds that will finance the EU’s strategic autonomy is Germany. The only major country in the Eurozone with an “excellent” credit rating (AAA) refuses to accept joint borrowing and the issuance of the Eurobond. To achieve the strategic autonomy of the Old Continent requires three …
Tag: Italy
The ECB is secretly rescuing France, while in 2010 it threw Greece into the jaws of the markets
The European Central Bank (ECB), especially after the Greek adventure, has a long history of intervening in government bond markets in order to contain yields during periods of turmoil in the debt market. However, this is not an exercise of monetary policy but an intervention by the Brussels deep state. The most characteristic — and …
Big Mistake! The borrowing cost of Greece and the South of the EU is close to that of Germany and France
How much do bond markets want to drive us crazy, while those who are not involved in the subject give investment advice? At a time when Hurricane Trump has caused international turmoil through retaliatory tariffs and an underground currency war regarding the dollar exchange rate, the once-maligned European South is on the first… shelf of …
Markets demand fiscal discipline – US, France, Britain and Italy on the brink of the abyss
The fiscal position of many advanced economies has deteriorated dramatically, it is now a well-established picture. The nightmare of the debt crisis has shifted from peripheral economies like Greece to the major players. Recently, the spotlight has turned to the United States, where the “One, Big, Beautiful Act” has credited the White House with large …
The next financial crisis in Europe will start from France and Italy
In recent years, a new type of crisis has been dynamically emerging in Europe: a crisis of the European social and political model with profound consequences for fiscal and financial stability. France’s problem The big problem starts with exceeding the budget deficits in France and Italy, over 7% and over 5% for 2024 respectively. These …
The Threat of SARS-ConV-2 and some immediate Economic Consequences from it
On the morning of Friday, February 28, 2020, there were 2848 deaths and 83386 cases of SARS-CoV-2 (coronavirus) in 44 countries around the globe (Source: WHO, www.who.int ) due to the disease it causes called COVID-19. These numbers are increasing at an impressive speed, while the vaccine that will protect the earth’s population from the …