Europe

European Energy Crisis

The European Energy Crisis May Be Back Soon

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Unfortunately, the European Union bureaucrats declared the end of the energy crisis as if it were the result of decisive policy action, but the reality is that the energy problem in the EU was only diminished by purely external factors: a very mild winter and the decline in global commodity prices due to the central bank rate hikes. Thus, the energy crisis remains, and the problems of security of supply and affordability of the system persist.

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French AntiTerrorism Eagles

France’s War on Terror Uses Eagles to Catch Drones

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When you think of drones, you think of harmless toys or maybe Amazon package delivery systems. But with terrorism on the rise, terrorists might turn to drones to deliver a different kind of package.  And dealing with that threat might be difficult for law enforcement, after all, how do you shoot a drone out of the sky without injuring bystanders? Although no one was injured, at the time, the French began becoming concerned about drone attacks in early 2015, when drones flew over the presidential palace and a restricted military site.

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Ukraine Declares Right to Bear Arms

Economic Warfare Deployed Against Russia

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As Russia defies worldwide opinion and executes one of the largest unprovoked attacks since WWII it is receiving some non-military pushback. Throughout history, there has always been an economic component to warfare. Waging war is an expensive proposition not only in human lives but financially as well. And often the “winner” ends up a loser when it comes time to pay the piper. Bankers have been known to finance both sides of a war and even to finance enemies when a country refuses to pay what they owe. Kings have had to grovel before bankers to finance wars and inflation has financed more wars than can be counted. 

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UK Inflation 2017

Brexit and House Prices – What’s going on?

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The impact of the Brexit decision has been much debated, with many economists stating that the UK economy would be harmed by a decision to leave, whether that’s through a loss of cheap labour that powers the fruit picking industry or the restriction of movement for those in the Square Mile. Unfortunately, one of the biggest challenges with determining how the economy is performing is the ‘lag’ between the economic data being collected and the data being analysed and reported on. Take GDP growth for instance, which usually reports on the performance of the past three months. The financial markets on the other hand, often have an almost immediate reaction to political crisis’, and indeed fluctuations in Sterling have certainly occurred since the Brexit vote. But the financial markets don’t always accurately reflect the state of a national economy.

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Brexit: Britain Defies the Odds and Chooses Independence

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Britain’s vote to exit the European Union (Brexit) on Thursday shocked not only the financial markets but especially rankled the establishment elite including the banksters, politicos and media. The rhetoric sounded like a repeat of the 2014 Scottish Referendum (See: Separatist Forces Growing in Europe) where they spent the weeks leading up to the vote sounding a bit like “Chicken Little” with their predictions that the sky would fall if Britain chose to leave the E.U. (or Scotland left the U.K.) It is interesting to note that the bank stocks were among the hardest hit in the post vote mayhem.

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Why Europe is Going to Get a Lot Worse Before It Gets Better

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Here’s what you will learn:

How Europe’s biggest economies are screeching to a halt
Currency devaluation’s role in the developing global crisis
How the self-reinforcing aspect of deflation is already apparent in commodities trading
Why the top 1% of earners are in for a rude awakening
The hair-raising future for U.S. stocks

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Greece Should “Shoot the Dog and Sell the Farm”

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The bell is tolling for Alexis [Tsipras]. European leaders from all sides have abandoned him as he burns through every last bridge that was once in place. His only meeting of importance during this crucial week of negotiation is with Putin – which clearly does not inspire any confidence for a near-term resolution.

It is actually amazing that we have not seen any of the left-leaning party leaders from the rest of Europe running to Tsipras’ side as he truculently engages his paymasters. Where are all these European anti-austarians? Of course they are hiding from the Germans, hoping not to receive the same fate as Alexis. So there he sits, alone and under his last Soviet-held bridge, just like Hemingway’s Robert Jordan. He is waiting to cause just a little more damage before his time is up.

In the end, there is no question that the Germans have executed a near flawless plan to humiliate and vilify Greece. The Greeks now stand as poster children for European profligacy. And they are being paraded through every town square in the EU, in shackles, as the bell tolls near the gallows for their leader.

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London Infrastructure

Trends in Digital Infrastructure- Infographic

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Normally, we spend quite a bit of time looking at precious metals like Gold and Silver, Oil, Real Estate, the Stock Market and other related trends. But, today we are going to look at something entirely different. Something that perhaps you haven’t given much thought to. Ten to Fifteen years ago, I was involved in the Information Technology (IT) field and was responsible for setting up regional offices in cities as different as Berlin is from Bangkok. These far flung offices were in regions of the world from Brazil to Zimbabwe and the major limiting factor was internet access. Although it was common enough in most developed countries, in many areas getting a dedicated IP address along with a high speed internet connection was near impossible. Fortunately in the intervening years high speed connections have become much more common even in the remotest of locations. This has allowed development of critical computer skills even among poor nations. And long term, this may provide a path toward economic development for these countries. But even developed countries may be suffering from a lack of infrastructure as you will see from the following article.

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