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Tag Archives | Europe

A note on Deutsche Bank

Deutsche Bank, one of Europe’s behemoths, is in very deep trouble having lost 90% 0f its share price value since 2007, has been falling sharply all this last year (48% loss this year) and, with its $42 Trillion in Derivatives exposure was singled out by the IMF, as the bank which , “appears to be the most […]

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Greece, China, and Russia – a Plan B for Greece

If the Greeks were to vote ‘No’ what would happen next?  Well no one can say. But here is a quick thought on what I hope the Greek government might have been exploring if they are excluded from the euro. It’s just food for thought nothing more. They have to be prepared to have a […]

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Trapped in a Bubble

When in a hole, stop digging. But when in a bubble, keep blowing.  –  Not very ancient proverb. I think our ruling and wealthy elite are worried that they are  stuck in their own ponzi scheme or bubble and are suffering from the general problem of all ponzis and bubbles – how to get out. You […]

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Ukraine – some thoughts on who is playing for what.

A few quick thoughts to offer on who might be playing for what in Ukraine. First, most popular uprisings or protests get nowhere unless they get considerable outside help. For example Qatar supplied much of the help in the Arab Spring. In the Ukraine, it has been quite clear for a while now that the […]

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Syria – Cui bono Part Three – Europe and the USA

The official story about any intervention in Syria is that we are not after any benefit for ourselves. We are just appalled at the use of gas and feel ourselves to be the guardians of international law, freedom and innocent children.  Yeah right! In part One I took issue with this ‘Simple World’ narrative. In […]

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Syria – Cui bono Part 2 – Qatar, Saudi, Russia and Gas

Our leaders would like you to believe that what is going on in Syria is simple – a bad man has gassed innocent victims and it is up to good people to punish him (take out his air defenses), prevent him from ever doing it again (regime change) and serve notice to other bad men […]

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Syria – Cui bono? Part 1

Once again the current rulers of the USA have decided some little dusky-brown skinned people need to be saved from some other dusky-brown skinned people. Once again they’ll be saving them by bombing. Carefully, of course, and with every effort made to kill only the bad brown ones and not the good brown ones, and […]

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NSA/GCHQ – The New Praetorians and the New Cold War

In a democracy rule is by consent. In a dictatorship it is by control. Which do we have in the West? It seems to me, it is no longer clear. We certainly still have the rituals of rule by consent. But behind the elected front men and women is a shadow state. It’s people ritually […]

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Cyprus – The ‘nuclear’ option

Europe, the ECB and the IMF have put a gun to Cyprus’ head. The threat has been made public – you do as we say and seize depositor’s money or – Germany to Cyprus: your banks might never re-open Either Cypriot members of parliament ignore the will of the Cypriot people or the ECB stops […]

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Cyprus versus the EUstapo – a mischievious idea

Cyprus has called the EU’s bluff. The ECB had said if Cyprus did not agree to the seizing of depositors’ money to bail out the banks it would not continue to support Cyprus’ banks which would in all likelihood mean the largest bank, Bank of Cyprus, would run out of money as early as the […]

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