European ERM 1992 Replay: Same Problems, Same Issues, Same Countries, Only the Politicians Differ; Irony of the Maastricht Treaty

Today evening time I got a mindful email from peruser Rick Cameron who mentioned some objective facts and notes path in 1992 and as of late did a reversal to audit those notes.  His notes are with respect to the European ERM, the Exchange Rate Mechanism, that should diminish...

New Currency Controls in US at Currency Online; Capital Flight and Forced Repatriation in Europe

An: As the result of a business sector request is a FX exchange we will tragically need to wipe out any exceptional Market Orders you have. We should, on the off chance that we have not effectively done as such, be calling you straightforwardly.  Q: What in the event...

Will Cameron Sell UK Down the River for Worthless Promises?

The UK had been relied upon to have a voter submission on proposed EU arrangement changes. The EU obviously does not need voter submissions or anything that look remotely equitable as we have seen by activities in Greece and Italy. Arrangement or No Deal? The issue for the EU...

Perfect Storm the Most Likely Scenario; Is Europe Set to Declare a Chapter 11 in Early 2012?

Frenzy is spreading says Steen Jakobsen, boss market analyst at Saxo Bank. Steen eyes the ideal tempest including a potential "Section 11" call for European banks.  By means of Email  Toward the beginning of today there is an excess of terrible news.  US...

Hungary seeks Aid from EU, IMF; Austrian Banks Told to Limit Lending to the East; No Government in Belgium Since June 2010, Negotiator Quits

Credit stress continues in Europe with a spotlight on several countries, none of the typical culprits.Hungary Seeks Aid From EU, IMF The Wall Street Journal reports Hungary Seeks Aid From EU, IMFThe European Commission said Monday that it has received a formal request from Hungary to receive financial assistance from the European Union and the International...
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