Tag Archives: Germany

I believe Germany poses the biggest threat to global harmony for 2012.

Here’s why… European banks are (in addition to borrowing on a secured basis from those customers they usually lend to) also paying insurers and pension funds to take their illiquid bonds in exchange for better quality ones, in a desperate … Continue reading

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Latest Financial Reports from the European Union Crisis

A flurry of reports on the European Union’s fiscal crisis has been released just prior to the opening of the European stock markets. The following articles detail the latest information from Switzerland, Germany Portugal and Greece. This will not be … Continue reading

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Is the Fourth Reich About to Fall?

Germany now controls the European Union. For the past two months, Germany and France have been holding meetings to determine the details for the fiscal stability of the EU. Once France’s banking exposure became public knowledge, their credit rating was … Continue reading

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Gold As Bailout Blackmail?

The price of gold has dropped $80 an ounce in the past five days. Has gold lost its luster? Some quick considerations: As reported last week, government central banks were buying gold as a hedge against inflation. Banks are not … Continue reading

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