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Channel: european monetary union – Fabius Maximus website
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It’s the end of the world we’ve known since WWII (updated status report)

Summary:  This is an updated status report about the end of the post-WWII world.  The global recession has accelerated the transition, revealing the current order’s weaknesses, and showing the people...

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The hidden goal of Europe’s leaders. See it and then their actions make sense.

Summary:  As the euro-crisis, now in its third year, grows in breadth and intensity, many analysts conclude that Europe’s leaders are stupid. Perhaps not.  Perhaps they pursue hidden goals.  Goals...

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Last week they spoke comforting words, but I saw only the frightening aspects...

Summary:  Although entertaining as gallows humor, last week’s statement by ECB President Mario Draghi illustrates important but seldom discussed aspects of the euro-crisis. Here we read and annotate...

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What’s happening in Greece? News from the front lines of Europe!

Summary:  The euro crisis began 30 months ago. The cheers for each new solution proved unwarranted. Likewise the fears of the skeptics, as the periphery nations have held together under horrific...

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Today began the next phase of the great monetary experiment, as reality plays...

Summary: Today began the next phase of the great monetary experiment, the collision of Central Bankers’ bold promises with reality.  History suggests skepticism about the odds of CB’s success (e.g.,...

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Stratfor: A high stakes cage match – Nationalism vs. the European Union

Summary:  The European Union appears to be starting its long-predicted endgame, when its  design flaws create insolvable crises. This analysis by Stratfor goes to the heart of the EU, describing the...

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What can we learn from Greece’s crisis?

Summary: Now the final act has probably begun in the long divorce of Greece from the European Monetary Union. Ignore the predictions. They’re just wild guesses. Rather let’s take this moment to...

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Stratfor: can Europe’s banks break free from their doom loop?

Summary: Banks are the financial heart of modern nations, and Europe's are in trouble. One of its greatest, Deutsche Bank, has severe problems. Here Stratfor looks at the perilous state of Europe's...

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The Fate of Europe has become visible. Only how and when the break comes...

Tweet Summary:   The last act of the EMU’s death throes has begun. We already knew the two possible endings: further unification or fragmentation.  Now we can see far enough to guess about when and...

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Whither Greece after the election? Why do they stay on a doomed course?

Tweet Summary:  Greece had its election.  The pro-austerity party won, despite their policy’s lack of success — and lack of historical for theoretical foundation (it’s contrary to basic economics)....

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It’s the end of the world we’ve known since WWII (updated status report)

Tweet Summary:  This is an updated status report about the end of the post-WWII world.  The global recession has accelerated the transition, revealing the current order’s weaknesses, and showing the...

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