Home / European Crisis

Brexit Vote Blindsides the NWO

Written by Gary North on June 25, 2016

brexit

The betting sites were wrong. The polls were wrong. The politicians were wrong. The last YouGov poll was 52 to 48 “remain” hours before the voting ceased. The vote went the other way: 52-48. The law of large numbers was wrong: polls and betting. So were the capital markets. The Dow was up 230 on […]

Continue reading →

Brexit: The Second Greatest Victory

Written by Gary North on June 25, 2016

cameron

The fall of the USSR was the greatest victory. It came in the final week of December, 1991 Brexit came in less than one day. The USSR had looked shaky in the second half of 1991. Britain’s position in the EU looked solid until after the initial voting results trickled in. The New World Order […]

Continue reading →

Failed State Immigrants vs. Europe’s Welfare States

Written by Gary North on November 7, 2015

immigrants

At the same time, this is only the beginning of the crisis, because the conditions inciting people to flee their homelands will only worsen. And the EU, many of whose members have the world’s largest and best-equipped welfare systems, appears to be overwhelmed by it — politically, morally, and administratively. This paralysis creates a significant […]

Continue reading →

When It’s “Greece Time” in America

Posted on July 4, 2015

jared-dillan

By Jared Dillian I was watching the 6 o’clock news and saw images of closed banks in Greece and people lined up at ATMs. I’m sure you did, too. This must seem surreal to most people because it seems so remote. But put yourself in these people’s shoes for a second. You have money in […]

Continue reading →

Oil Patch Bust — The Leveraged Disaster Has Begun.

Posted on January 6, 2015

By Harris Kupperman What is the senior debt on a shale play that needs $100 oil to be profitable worth? With oil at $51, it’s worth roughly zero. What is the equity worth? Even less. What is the junk debt worth? Somewhere in the middle. The first epiphany in the shale patch will soon be […]

Continue reading →

What’s RIGHT With the Euro

Written by Gary North on October 11, 2014

euro

You read that right. Right. I think like an economist. The economist always thinks in terms of alternatives. The economist’s mindset was expressed clearly by the late comedian, Henny Youngman. “How’s your wife?” “Compared to what?” One of the most common complaints against the eurozone is this one: “The eurozone is a central currency, but […]

Continue reading →

Ukrainian Troops March To Regain Control Of Eastern Regions

Posted on April 15, 2014

ukraine-violene

Ukraine’s acting president said Tuesday that a military operation to wrest control of cities in eastern Ukraine from pro-Russian militants has begun. Oleksandr Turchynov said that the “antiterrorist” operation began in the early morning hours in the northern Donetsk region, where the majority of the cities commandeered by pro-Russian forces are located. “Overnight, an antiterrorist […]

Continue reading →
Page 1 of 11123456»10...Last »