Yesterday turned out to be quite a day in central banking terms. There is much to say about my home one as in the Bank of England, but the truth is that even the extraordinary fantasy world that a couple of its policymakers apparently live in was quickly gazumped a couple of hours later by European Central Bank ( ECB) President Christine Lagarde. That has echoes of both 2011 and her “shock and awe” comments about a claimed Greek economic recovery that rapidly turned into a depression.
What a farce this has become. Read HERE
The German hypocrites and their moral posturing look like wimps. Siemens Energy ready to ship part for key Gazprom pipeline Turbine spat underscores tensions over looming gas shortage Read Here
Ukraine appears to be a lost cause. It now belongs to international corporations with a political elite that can be described as Third World (the term is being used figuratively). This is definitely an EU […]
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