DEBTOR NATION

VIDEOS

Wolf Richter On The Keiser Report
"Debtonomics and the NSA"

Wolf Richter on the Keiser Report
"Where Is The Fear"

Wolf Richter on Max Keiser's "On The Edge" 
"The Pauperization of America"

Wolf Richter on the Keiser Report
"Where the Money Goes to Die"

Clarke and Dawe: European Debt Crisis
Two favorite Australian Comedians

Clarke and Dawe: Quantitative Easing
Big industrial-strength printers, all facing the window

The Fastest Drive Ever Through San Francisco
Don't try to do this yourself
 

humanERROR - by "Frying Dutchman"
Powerful, lyrical appeal to the Japanese. Slams nuke industry, MSM, bureaucrats, and politicians.

Entries in Europe (338)

Saturday
Jun282014

Mini Tax Havens: How Europe’s 1% Gets to Pay Only 1%

By Don Quijones: Under the guise of austerity, taxes on the middle class and small businesses in Spain and other countries have reached confiscatory levels. But for the wealthy, there is a special deal – and it erupted into a scandal.

Click to read more ...

Friday
Jun202014

The French Government’s Many Special Opportunities To Cave

By Hilary Barnes: The impression that the French government was not going to cave to trade unions on its reform of the state rail system was wrong. After causing rail chaos for 10 days, trade union militants got what they wanted.

Click to read more ...

Wednesday
Jun182014

It’s Official: Despite Media Hype, Eurozone STILL in Recession 

Politicians and Eurocrats have already taken credit for the recovery, and a whirlwind of backslapping has ensued – prematurely, it turns out.

Click to read more ...

Monday
Jun162014

This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off

I was interviewed by Jorge Nascimento Rodrigues for "Janela na web" (a Portuguese site) and the printed edition of Expresso. After what I said, he might never interview me again :-]

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Sunday
Jun152014

Sex, Drugs and Dodgy Accounting: Spain's New Growth Strategy

By Don Quijones: When it comes to creative accounting, few can hold a candle to Spain's finance minister Cristobal Montoro, who unveiled his latest scheme to “grow” the economy: adding prostitution and illegal drugs to GDP to solve a host of urgent problems.

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Sunday
Jun082014

Spain’s Musical Thrones: Desperate Move by a Desperate Regime

By Don Quijones: The establishment, both inside and outside Spain, is alarmed at the scale and intensity of public anger in the country.

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Saturday
Jun072014

Selling Your European Stocks Before Everyone Sees This Chart?

The European economy has been on a phenomenal roll since 2012, according to the soaring Stoxx 600 stock index. Recessions, unemployment fiascos, toppling banks, collapsing auto sales... they didn’t exist. But what the heck is wrong with this picture?

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Wednesday
Jun042014

Polish NGO to Obama: Mass Surveillance is Not Freedom

Katitza Rodriguez: On June 4, 2014, one day before the Snowden anniversary, Poland celebrates 25 years since the fall of an authoritarian regime. Obama is in Poland, meeting with many heads of states—including those caught up in the NSA’s surveillance scandal.

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Saturday
May312014

Wreckonomics: Troika Accelerates Demolition of Spain's Economy

By Don Quijones: “The people must pay” if they want to maintain the current levels of public services, warned James Daniel, the man in charge of the IMF’s mission in Spain, who, as an employee of the IMF, pays no income taxes  to any country.

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Monday
May262014

Winner Accuses French Government of “Massive” Election Fraud

Election results for the European Parliament mortified the French political class, as this universally despised layer is called in France. But now the winner has the gall to accuse the government of “having rigged the vote by the most odious means” to prevent its victory.

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Sunday
May252014

For Love Nor Money: The Bank That Nobody Wants To Buy

By Don Quijones: The Spanish government is desperately trying to offload one of the bailed out, nationalized, and supposedly fully restored banks. The problem: no one wants it.

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Saturday
May032014

Mutiny of the Lab Rats: Europeans Grow Weary of EU Experiment

By Don Quijones: Europeans are pushing back against the EU Super State. Tired of being treated as lab rats in a dysfunctional economic and political experiment, a large minority will vote for euroskeptic parties in the nearing European elections.

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Monday
Apr282014

LEAKED: Draghi’s Sudden Switcheroo On QE

It happened at a private meeting with top lawmakers in Germany during a two-day shindig.

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Saturday
Apr262014

Liars, Damned Liars, and Spanish Banks

By Don Quijones: “Spain’s banks are back on track,” the Spanish Banking Association announced to great fanfare. That’s the official story. But these banks reported financial results that “bear no relation to reality.”

Click to read more ...

Friday
Apr182014

New Prime Minister of France: It All Hangs Together Or We’ll Hang Together (Warning: Biting Sarcasm)

By Hilary Barnes: Manuel Valls, the new Prime Minister of France, who has discreetly hinted that he hopes one day to be regarded alongside General de Gaulle as "the man who saved France" from itself, has found a new and fascinating definition of "austerity."

Click to read more ...

Thursday
Apr172014

‘People Don't Grasp Yet What European Unification Will Cost Them’

By Cassandra: In the South of the Eurozone, people feel crushed, their future sacrificed on the altar of the Holy Euro. I’m in the Netherlands, so north of the Great Divide. We’re not suffering as much as the people in Greece, Spain, and Portugal. Not yet.

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Tuesday
Apr152014

“Uncreative” Destruction: The Troika’s Hostile Takeover of Europe

By Don Quijones: The story is now playing out across Europe’s bailed-out nations. The losers are by and large the poor and middle classes, while the beneficiaries are the same as always: the world’s largest multinational corporations and banks.

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Tuesday
Apr082014

Head of EU’s Newfangled Bank Regulator: Markets Are Dumb, Pumps Stocks Of Teetering Banks To Keep them From Toppling

It's not often that a bank regulator proclaims stocks of teetering banks are undervalued because markets are too dumb to value them correctly. That’s what Danièle Nouy, chair of the ECB’s Single Supervisory Mechanism just proclaimed. She has a motive.

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Sunday
Mar302014

Peaceful Indignation Turns to Violent Rage in Rajoy’s Spain

By Don Quijones: It was the first nationally coordinated grassroots response to repressive social and economic policies and widespread corruption of Spain’s ruling political caste. But it descended into violence – as the government is playing a dangerous game.

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Monday
Mar242014

Which Country Is Europe’s Biggest Narco State?

By Don Quijones: Revelations of a dirty, big business in Europe, and of the role banks play to make it possible. In fact, during the financial crisis, European banks “were as good as saved by the global drug trade.”

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