Let’s be clear: the call for racial profiling of the Roma people by the Minister of the Interior in Italy and the leader of the Northern Leaguefor the Independence of Padania, Matteo Salvini, is not a provocation, it is the announcement of a criminal policy.
South Korea has embarked on a completely opposite course by recently announcing its intention to regulate digital currencies. The Financial Services Commission decided to proceed with further regulation in the light of the increasing popularity of Bitcoin in the country.
Italy is one of the first countries in Europe that has the major number of users and people aware of what is the so-called “sharing economy” (it is the third country after Turkey and Spain).
The sick man of Europe – France – is all over the economic papers for almost a year now. But while the critique focused on Holland and his companions, the biggest economic nonsense competitor walked quietly in the shadow – Italy.
Clueless looks of politicians will be once again drawn to the ECB. In addition to reports on starting recession, they are supported also by the legend of deflationary spiral that regularly emerges from monetary depths to destroy the shoots of economic success.
Greeks are preparing a new emission of their bonds. Although only three years but they should bring 2.5-3 billion euro to the country.
Is the last fortification falling down? Spain used backup. American debt can ask for a driving license. And Bulgarians are ungrateful. Silly season ended in a big style. ECB decided on its meeting last week to resurrect the program of purchasing bonds of the problematic states under a new label. Forget SMP, here comes new and better OMT – Outright Monetary Transactions! Apart from bubbles of active oxygen, it also offers lack of limits, sterilization and consolidation….
In Spain it will be hot after the summer. Judgment day will be on September 12. Did you sell grandfather’s gold teeth in Italy? We are treating depression by delivering news about bad situation our neighbours are in. The heat is slowing down the pace of society, but if you think it will slow down the pace of the crisis in the Eurozone, you’d better check if you don’t have sunstroke. Even though the news…
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 the children don’t want to leave home… New hero in Spain is emerging. Spanish Jánošík. Juan Manuel Sanchez Gordillo, mayor of Marinaleda – a town in southern Andalusia, is stealing in the supermarkets together with trade unions….
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 ECB Mario Draghi, who promised the moon to the markets, to stop talking and to show the money instead (Show Me the Money!). This week it turned out that there is no money to cover…