Author Archive:

Social Progress – Doing It the German Way

Social Progress – Doing It the German Way

Photo: Wikimedia Commons With Germany at long last imposing a nation-wide wage floor, the country’s slowly conforming to the rest of Europe. Come the crisis and the erstwhile ‘Sick Man of Europe’ became the continent’s economic valedictorian....

 

Deflation is Evil!

Deflation is Evil!

Convincing people that dropping prices put them in harm’s way is a marketing bête noire on a par with electing a diehard intellectual to the office of president. But politicians and their financiers have managed just that. Perceiving deflation...

 

We will pay back all your money! Later. – Fiat Euro! 34/2012

We will pay back all your money! Later. – Fiat Euro! 34/2012

Unlimited purchases of ECB bonds? New dollars from FED? Maybe… Greece wants more time. Time is money. A bit of tension was brought into the holiday boredom by the rumor brought by the German magazine Der Spiegel saying that ECB is preparing...

 

Modern Jánošíks – Fiat Euro! 33/2012

Modern Jánošíks – Fiat Euro! 33/2012

Jánošík wasn’t Polish, he was Spanish! Two registered transactions at the commercial real estate markets in Italy in the second quarter. Did Angela soften after holidays? How Danica invests. Do you have peas in the freezer? And euros? When...

 

When the moral support is not enough – Fiat Euro! 32/2012

When the moral support is not enough – Fiat Euro! 32/2012

Bouncer Ottmar Issing. ECB once again kept Greece in the game. Will the next five-year plan be merrier? Briefly today. Pandas are on holidays and without Angela Merkel who is having a rest and German Minister of Finance, Wolfgang Schauble, not...

 

Draghi’s bluff revealed – Fiat Euro! 31/2012

Draghi’s bluff revealed – Fiat Euro! 31/2012

Central banks still don’t provide monetary opium, how long will the current illusions last without it? New taxes and economic growth. Milton Friedman would be 100 years old. Crisis is 5 years old. Last week we challenged the governor of the...

 

Poor philanthropists – Fiat Euro! 30/2012

Poor philanthropists  – Fiat Euro! 30/2012

When is going to happen the next Slovak cabinet billion-worth meeting? Is Draghi tough because Angela is on hliday? Will be two Greek bankrupts within six months a new European or Olympic record? What a week! When it come to euro crisis, there...

 

Waiting for ESM – Fiat Euro! 28/2012

Waiting for ESM – Fiat Euro! 28/2012

Is destabilization of the EU really the only alternative? German constitutional court takes its time. The state won’t allow any competition in manipulating interest rates. Many Spaniards have put all the eggs in one basket, which is currently...

 

Slovakia will guarantee loans for Slovenia – why not?! – Fiat Euro! 26/2012

Slovakia will guarantee loans for Slovenia – why not?! – Fiat Euro! 26/2012

Who wants to be Minister of Finance of Greece should report to the director. Everyone in ECB was following football,  players used as a collateral were playing. Will ESM turn into  European zombie banks hedge fund? Will ESM run out of resources...

 

Don’t bite the hand that feeds you! – Fiat Euro! 25/2012

Don’t bite the hand that feeds you! – Fiat Euro! 25/2012

We’ve been walled up. Greece has government but money is still missing. Which German team will win the European Championship? FED playing games, another package is postponed. How many Olympic medals will the EU-funded United Nations of Europe...

 
 
 
 

Upcoming Events

There are no upcoming events at this time.