As Germany keeps on ignoring Athens, it is worth reminding everyone that a Greek default would be a serious problem for the whole Euro Area, we must fear the direct and indirect consequences of the…
We do not really expect the ECB to launch anything like a QE in 2015, however it is worth knowing that some “sources” are starting to leak some information about what the board of directors…
The 5Y German bond yield is now negative: 2015 has just started and yet we have already had a wonderful evidence of the fact that the ECB is not acting as a central bank In…
The second tLTRO did not work: it seems like the banks are not crazy about the concept of “helping the economy”, what did we expect ? “Don’t help the economy, help yourself” seems to be…
If oil prices will not recover, in 2015-2016 we may see an unbelievable rate of deflation: at that point, not even an aggressive QE made by the ECB would help Europe Our latest forecast about…
No one, not even Germany, is doing good at the moment in the Euro Area: economic and political issues are threatening the invisble €-recovery Whatever Brussells is doing, it’s not working at all: Note that…
The famous “black swan chart” published by Société Générale is out, let’s take a look at it The most impressive thing of the black swan chart published by SG for the 4th quarter is that…
When you’ll see that “minus” sign in GDP official estimates by Eurostat, do not be surprised: the Eurocoin index had warned us before Summer began Mr. Eurocoin always knows better: Expect bad data from EU…
It is now time for Berlin to realize that, at the moment, only Germany can afford to have austerity in its fiscal policy: all the other countries are just unable (or simply not willing) to…
The Trueconomics blog gives us the scariest chart we’ve seen in a while on the Euro Area: can you imagine what Europe has lost in terms of GDP per capita ? (original publishing date 10/20/14)…