Posts Tagged ‘ AMBROSE EVANS-PRITCHARD ’

German Euro Founder Calls for End to the Currency but Can one Kill a Fallacy?

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  by John Galt May 5, 2013 20:00 EDT Tonight, Ambrose Evans-Pritchard penned an article in the UK Telegraph where the German creator of the Euro currency called for the following: German euro founder calls for ‘catastrophic’ currency to be broken up In the article it is stated that: “The economic situation is worsening from month to month, and unemployment has reached a level that puts democratic structures ever more in doubt,” he said. “The Germans have not yet realised that southern Europe, including France,…

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Marxist Merkel leads Germany’s new Push to Destroy Capitalism in Europe

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  by John Galt April 14, 2013 23:30 EDT Everyone seems to think that Angela Merkel, the current Führer of Germany, is an angelic saint who wishes to retain and improve the European Union and capitalism within the borders of her nation and beyond. Yet nobody wishes to publish, disclose, or review her communist past and work within the Soviet Union’s empire. I first looked at this in September of 2011 where I stated: The Future of the Capitalist World is Controlled by 2 Students…

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4/9 AEP: Greece may ask for €162 Billion in War Reparations from Germany!

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  by John Galt April 9, 2013 22:50 EDT The strange world of European Union disunity continues to rear its ugly head and the long but not forgotten nation of Greece appears to be preparing to make a blockbuster claim against the nation of Germany for €162 BILLION in war reparations from Germany for World War I and World War II damages. In an article by Ambrose Evans Pritchard via the UK Telegraph this afternoon he states the following: The document – stamped “Aporito”, or…

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02.24.13 AEP: Here Come’s the Trade War

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  by John Galt February 24, 2013 16:15 ET   The economic landscape continues to evolve within this manipulated market realm under the guise of capitalism yet few commentators beyond Rick Santelli at CNBC and Ambrose Evans-Pritchard of the U.K. Telegraph are willing to step outside the accepted norm and offer blunt commentary about the upcoming risks and eventual conclusion of the great Ponzi scheme concocted by the world’s central banks. Tonight’s edition from AEP is no exception: Trade protectionism looms next as central banks…

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01.01.13 AEP: Stocks to soar as world money catches fire, Calvinst Europe left behind

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  by John Galt January 1, 2013 20:00 ET   Ambrose Evans-Pritchard hits it out of the park again in today’s U.K. Telegraph, but not for the reasons many of my readers think:   Stocks to soar as world money catches fire, Calvinst Europe left behind   The one statement that caught my attention:   The side-effects of this currency warfare — or “beggar-thy-neighbour’ policy as it was known in the 1930s — is an escalating leakage of monetary stimulus into the global system.  …

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10.24.12 AEP: Germany wants their Gold Verified and Shipped Home

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  by John Galt October 24, 2012 19:30 ET   The story from Channel 7 in Australia has set off alarm bells worldwide:   Counterfeit Aussie gold sold in China   While this is not a surprise to many of us after the counterfeit Morgan and Peace dollar scheme uncovered last year and the discovery of hollowed out gold plated tungsten filled bars around the world, apparently the trust between the central banks has fallen to the point where the German Bundesbank wants to bring…

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08.16.12 AEP: Finland prepares for break-up of eurozone

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  by John Galt August 16, 2012 19:05 ET   While the American financial media continues its summer bliss of ignorance, failing to understand the reality on the ground in the PIIGS and Eastern European nations whose economies are collapsing, Ambrose Evans-Pritchard spells out a warning in tonight’s commentary from the U.K. Telegraph:   Finland prepares for break-up of eurozone   As the Finns have long been skeptical of the bankster bailout plans submitted to keep the Brussels-Berlin axis afloat, this shocking bit of news…

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8/6 AEP: Germany and Italy near blows over euro

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  by John Galt August 6, 2012 21:25 ET   For some strange reason, I don’t think Germany and Italy have been barking at each other this much since 1943. And wow, does this dispute make that verbal sparring between Mussolini and Hitler look meek compared to what is going on between Merkel and Monti now.   Ambrose Evans-Pritchard covers this dispute tonight in his commentary in the U.K. Telegraph:   Germany and Italy near blows over euro   How bad is it? Check out…

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07.15.12 AEP: Fed fiddles as America slides back into recession

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  by John Galt July 15, 2012 16:05 ET   Ambrose Evans-Pritrchard doubles down on his criticism of the central banksters in tonight’s column in the U.K. Telegraph:   Fed fiddles as America slides back into recession   Is Mr. Pritchard supporting this discussion based on the statements of the ECRI only? From the article he states:   The Federal Reserve has drifted into fatalism, seeming to lose confidence in its own ability to shape events, displaying the same lack of “Rooseveltian resolve” as the…

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07.09.12 AEP: China heads for a deflationary shock

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  by John Galt July 10, 2012 05:25 ET   The idea that China is going to lead the world out of this crisis would be laughable until one sees the data and reads last night’s entry from Ambrose Evans-Pritchard in the U.K. Telegraph:   China heads for a deflationary shock   In this article, Mr. Pritchard states this terrifying premise for the world economy:   China is on the cusp of a deflationary vortex.   This was signalled late last year by the sharpest…

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07.08.12 AEP is BACK: German president tells Angela Merkel to come clean on EU debt deal

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  by John Galt July 8, 2012 20:15 ET   And my readers thought I was still uptight after my vacation? HA! Read this from the U.K. Telegraph via Ambrose Evan-Pritchard return:   German president Joachim Gauck has ordered Chancellor Angela Merkel to clarify exactly what she agreed behind closed doors at the EU crisis summit ten days ago, lending a powerful voice to critics dismayed by the surging costs of euro bail-outs.   “She has a duty to explain in great detail what it…

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06.17.12 AEP: Greece will have to leave EMU whoever is elected

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  by John Galt June 17, 2012 15:15 ET   And in his usual direct, factual, and intellectual manner, Ambrose Evans-Pritchard delivers a blunt bit of honesty to address the insanity which will follow in the weeks and months ahead in his column from tonight’s U.K. Telegraph:   Greece will have to leave EMU whoever is elected   (Click on the title above to read the article in full)   The following excerpt sums up the instability the world is about to experience quite nicely:…

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06.14.12 Ambrose Evans-Pritchard: Dutch disease

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  by John Galt June 14, 2012 19:30 ET   Tonight’s commentary and analysis by Mr. Pritchard via the U.K. Telegraph is another home run:   Dutch disease   The terrifying start of the article is enough to make this piece required reading because it compliments my earlier writings about Austria, Switzerland, etc. and the issues hitting those nations along with the idiocy of the EU/ECB policymakers:   As if matters were not bad enough already in Euroland:   Dutch retail sales collapsed by 11pc…

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06.10.12 AEP: Once again, he figures it out that this is really a GERMAN Invasion

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  by John Galt June 10, 2012 19:30 ET   Ambrose Evans-Pritchard figures it out once again as the pathetic announced underwhelming bailout of Spain amounts to nothing more than a march in the woods for the new financial spring time financial Wehrmacht assembled by the German led European Central Bank. The dirty dark secret the Spanish media wants to mask at the request of the current government is as simple as it was for the Greeks and Irish:   “Don’t ask, don’t tell, and…

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06.04.12 Ambrose Evans-Pritchard Column indicates DEFLATION

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  by John Galt June 4, 2012 17:30  ET   Tonight, Ambrose Evans-Pritchard switches from the Austrian bugaboo view to the Keynesian “oh crap we are all going to die” point of view in his U.K. Telegraph column:   Global slump alert as world money contracts   What? I thought we were in perpetual expansion? The Bernank, Obama, the Demopublicans, Republicrats, and Eurocommies all assured us sheeple that the events of 2008 were a one off event and the probability of a repeat were as…

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06.03.12 AEP: The week that Europe stopped pretending

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  by John Galt June 3, 2012 17:10 ET   Ambrose Evans-Pritchard is back with the reality check in the U.K. Telegraph that has been sorely missed by most of the mainstream Bubblemedia and especially the political elites of Europe:   The week that Europe stopped pretending   These key portions of this outstanding summary of the past week should terrify the sane and petrify the insanely ignorant:   Joschka Fischer, Germany’s former vice-Chancellor, said EU leaders have two weeks left to save the project.…

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5.29 AEP: Europe’s debtors must pawn their gold for Eurobond Redemption

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by John Galt May 30, 2012 19:25 ET   Europe’s debtors must pawn their gold for Eurobond Redemption   (click on the title above to read the article in full)   Ambrose Evans-Pritchard outlines a radical new plan being devised by the technocrats and banksters in Germany to seize control of the Southern European nation’s treasures, gold, and national assets. The first two sentences of the story tell the tale of deceit being concocted by the banksters of Berlin:   The German scheme — known…

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05.20.12 AEP: Rising US recession risk poses the real threat to Europe

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by John Galt May 20, 2012 23:59 ET   But, butt, butt, butttttt, butttttttt, I was told on the teevee that Mr. Obama had saved the day according to the Vice-President, Mrs. Biden.   Oopsies, again!   Tonight’s editorial/commentary from Ambrose Evans-Pritchard sums up the ultimate definition of “critical mass” if and when the American economy collapses in this article:     Again; do what? I thought Obamanomics cured cancer, AIDS, divorce, unwanted pregnancy, herpes, and common toe nail fungus. Apparently, according to the concerns…

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5.16.12 AEP: Greek euro exit looms closer as banks crumble

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by John Galt May 16, 2012 16:55 ET   What can I say? Ambrose Evans-Pritchard is on a roll this week with his columns in the U.K. Telegraph and this one protion from today’s piece sums up the disaster we are facing quite nicely:   The crisis is replicating the pattern of fixed-exchange ruptures through history. Britain was forced off the Gold Standard in 1931 after pay-cut protests in the navy triggered capital flight.   Greek banks have lost 30pc of their deposits since late…

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5.15.12 AEP: Appetiser cost of Greek exit is €155bn for Germany, France: trillions for meat course

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by John Galt May 15, 2012 18:45 ET   Appetiser cost of Greek exit is €155bn for Germany, France: trillions for meat course   My fellow internet wanderers, no, your eyes do not deceive you. The costs are almost incalculable because the world has never experienced anything like what we will witness occurring in Greece as their exit from the European Monetary Union seems almost certain now.   In tonight’s article from the U.K. Telegraph, Ambrose Evans-Pritchard makes the following, terrifying statement:   Needless to…

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5.10.12 AEP: Europe’s nuclear brinkmanship with Greece is a lethal game

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by John Galt May 10, 2012 20:00 ET   AND the hits just keep on coming….   Europe, as Ambrose Evans-Pritchard so brilliantly outlines in tonight’s U.K. Telegraph commentary, is playing Fukushima with the world economy. The measurements of Greek unemployment yesterday were beyond horrific and indicative of a nation in complete disintegration economically. The extremists now hold sway over the future and that is a dark prospect for the people as usually the fringes of the political world lead nations into great darkness and…

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5.9.12 AEP: Spain nationalises Bankia as euro crisis escalates

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by John Galt May 9, 2012 19:45 ET   The latest from Ambrose Evans-Pritchard in tonight’s U.K. Telegraph highlights the sense of panic the European credit markets are reflecting behind the scenes: Spain nationalises Bankia as euro crisis escalates   How bad is it? Amborse hits the high point in this one portion of the story: “The Spanish have denied until now that there was any need for fresh capital so it comes as a surprise. It wasn’t intended, and that is a worry,” said…

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5.6.12 AEP: Francois Hollande has ten weeks to avert a French bond crisis

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  by John Galt May 6, 2012 15:25 ET   Ambrose Evans-Pritchard sounds off in his new commentary in tonight’s U.K. Telegraph with a resounding shot across the bow of continental Europe and what could be an indication that a new wave of capital flight is about to begin. The commentary may well bear some truth sooner than speculated as the investors have been piling monies into the U.S. Treasury market and gold in the face of a slowing U.S. economy. The extract below is…

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4.19.12 AEP: George Soros and the Bundesbank’s Patriotic Putsch

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by John Galt April 19, 2012 23:00 ET   Tonight’s entry from Ambrose Evans-Pritchard contains not one, but two veiled warnings about the potential for another round of deflationary deleveraging which will stall the U.S. economy if not put it into outright recession, albeit brief, and destroy the European Union should it occur. This one excerpt from George Soros’ commentary within the story should be alarming to U.S. government officials because it is a warning shot across the bow: George Soros has launched all-out war…

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4.16.12 AEP: Nicolas Sarkozy lambasts ECB’s rigid policies

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by John Galt April 16, 2012 21:55 ET   Tonight’s commentary from Ambrose Evans-Pritchard demonstrates the fallacy of central banking during an election season in a nation or continent experiencing economic woe. The ECB has become the target of Nicolas Sarkozy as the Communist candidate,  Hollande,  is smoking him in every poll and it would appear that the French are refusing to follow Sarkozy’s surrender to Germany and demanding a strong turn to the left. The consequences of France’s hope and change movement are about…

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4.8.12 Ambrose Evans-Pritchard: Gold crash on Fed tightening and euro salvation looks premature

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by John Galt April 8, 2012 20:50 ET And here we all were expecting gold to become a worthless relic and tanking to $100 per ounce if we believed every talking head in the regime, the Fed, and various Bubblevisions. Ambrose Evans-Pritchard unloads a power salvo in tonight’s commentary in the U.K. Telegraph: Gold crash on Fed tightening and euro salvation looks premature (Click on the title above to read the column in full) Just when everyone assumed the Fed had a clue in controlling…

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3.27.12 AEP: Spain to slash spending as economy slumps back into recession

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by John Galt March 27, 2012 23:00 ET   The saga of the Eurozone is far from over and the latest piece from Ambrose Evans-Pritchard in the U.K. Telegraph tonight says it all: Spain to slash spending as economy slumps back into recession (click on the title above to read the story in full) As the world thinks the Greek disaster is behind them, the lurking nightmares of Hungary, Ireland, Portugal, and Spain along with Cyprus and other Balkan states hangs over the heads of…

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3.11.12 AEP: Global liquidity peak spells trouble for late 2012

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by John Galt March 11, 2012 20:35 ET   Tonight’s entry from Ambrose Evans-Pritchard via the U.K. Telegraph sums up the fears and reality of what happens before this year is out unless ALL of the world’s central banksters elect to engage their printing presses into hyperdrive thus, hyperinflation: Global liquidity peak spells trouble for late 2012 (click on the title above to access article in full) Really, nothing else needs to be added beyond saying read the article, understand the implications, and prepare for…

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3.8.12 AEP: Legal skull-duggery in Greece may doom Portugal

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by John Galt March 8, 2012 22:15 ET The problem with a Ponzi scheme is that eventually someone gets angry enough to see the con for what it is and asks where the money really is. Welcome to the PECB, the Ponzi European Central Bank. Ambrose Evans-Pritchard has addressed this issue in his column tonight in the U.K. Telegraph: Legal skull-duggery in Greece may doom Portugal (click on the title above to access article in full) As the Greece insolvency crisis continues despite the bond…

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3.5.12 AEP: La Revolución ha comenzado

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by John Galt March 5, 2012 17:40 ET La Revolución ha comenzado The Revolution has begun. A simple, often controversial phrase uttered throughout history in Latin nation as the war against the oppressors start, or worse, the war against a system perceived as unjust by those wishing to install a new more evil system. The story from Spain tonight is one of defiance, the proverbial threat against the banksters that they have been living in fear of hearing since the beginning of the Greek crisis.…

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2.28.12 AEP: Irish EU treaty vote threatens chaos

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by John Galt February 28, 2012 19:00 ET Can I get an “Oops” and an “AMEN” from the audience please? Irish EU treaty vote threatens chaos Ambrose Evans-Pritchard has elected to defy the powers that be in the European Union again and post an inflammatory but accurate commentary in tonight’s U.K. Telegraph (Click on the title above to read it in full) about what happens when representative democracy meets the agenda of the banksters who wish to enslave populations without proper representation. Excerpted: All three…

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2.26.12 AEP: Spanish revolt brews as national economic rearmament begins in Europe

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by John Galt February 26, 2012 18:40 ET   Just as one nation falls into the abyss and German occupation, Spain explodes for a third week into rage as the idea of submitting to the European Union banksters and creating a new order of serfs to repay a debt created by the Spanish banksters, only wishing to save their own hides and not the nation as a whole. For some strange reason, I detect an ironic note of sarcasm in tonight’s edition from Mr. Pritchard…

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2.21.12 AEP: Greek debt accord hostage to political passions

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by John Galt February 21, 2012 18:10 ET   The first three portions of Ambrose Evans-Pritchard’s commentary on the Greek tragedy today drop a huge hint as to what is coming in the Balkans: Greek elections in April are likely to sweep away the political class tainted by the hated “Memorandum” of the EU-IMF Troika, with the once dominant PASOK party down to 13pc in the latest poll and votes peeling away to the Communists, the Democratic Left, and Syriza. Alexis Tsipras, the Syriza leader,…

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2/19 AEP: Can a return to the drachma save Greece as unemployment soars?

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by John Galt February 19, 2012 17:00 ET   Different weekend, same headlines. Another deal, another bail out rumor, another saving of the Euro, and another piece of wood on to the pyre inflaming and destroying the oldest democracy in world history. Yet while the Greeks suffer, Berlin fiddles. Tonight, Ambrose Evans-Pritchard in the U.K. Telegraph addresses the idea of saving the nation by restoring sovereignty. Too bad it appears to be another idea, too little, too late. To read the commentary in full, click…

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2.17.12 AEP: Iceland’s Viking Victory

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by John Galt February 17, 2012 19:15 ET   So much for the “how dare you” mindset of the British and European banksters who wanted to invade Iceland with military force to take over the nation and insure they pay their debts back to their nations. Once the people Iceland elected to remain independent and not become victims of European servitude the hard times began but now are ending just a few short years later. Tonight Ambrose Evans-Pritchard highlights the glorious Viking victory of the…

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2.12.12 AEP: Germany’s Carthaginian terms for Greece

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by John Galt February 12, 2012 16:45 ET   Tonight’s editorial from Ambrose Evans-Pritchard in the U.K. Telegraph is perhaps the starkest commentary yet on the disaster in the European Union and inside of Greece: Germany’s Carthaginian terms for Greece (click on the title to read the commentary in full) One sentence describes the EU’s folly best of all in this must read article: Belief that EMU fall-out from Greek exit – or “Grexit” in market slang – can be contained by firewalls and more…

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2.7.12 AEP: An orderly EMU break-up, à la Française

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by John Galt February 7, 2012 18:55 ET   With the hour by hour, minute by minute, second by second, millisecond by millisecond, and of course, microsecond by microsecond breaking rumors, er, “news” about a potential Greek bailout since 2009, the markets and reality are beginning to come up with answers to the inevitable break up of the European Monetary Union (EMU) unless Germany is allowed to establish a Fourth Reich. Thus tonight’s entry from Ambrose Evans-Pritchard in the U.K. Telegraph is a must read…

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2.5.12 AEP: French socialists’ Latin revolt against Germany

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by John Galt February 5, 2012 16:15 ET The furor being raised at Germany and its policies designed to impose a new order of economic dictatorship over the poor nations of Europe and the weak banksters of the continent is now being openly expressed by the French socialists, as expressed in Ambrose Evans-Pritchard’s column from tonight’s edition of the U.K. Telegraph: French socialists’ Latin revolt against Germany (Click on the link above to read the article in full) The failure of the quasi-Marxist economic model…

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1.24 AEP: EU ratchets up pressure with Greek default threat

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by John Galt January 24, 2012 19:45 ET Tonight’s story from Ambrose Evans-Pritchard in the U.K. Telegraph should send a chill down everyone’s spine: EU ratchets up pressure with Greek default threat (Click on the title above to read the story in full)   The excerpt that should disturb the average soul: “We’re sending a direct message to Greece that the community expects more. We’re not pleased and only when there’s a written message on the table in front of us, can further assistance be…

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1.22 AEP: America overcomes the debt crisis as Britain sinks deeper into the swamp

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by John Galt January 22, 2012 17:35 ET   Too bad Ambrose Evans-Pritchard in tonight’s U.K. Telegraph commentary doesn’t recognize that America is doing this with smoke, mirrors, and hopium. To read the article in full, click on the link below: America overcomes the debt crisis as Britain sinks deeper into the swamp Needless to say, this faith in the U.S. economy and it’s idiot politicians will not end well but don’t remind Ambrose of this fact. We’ll be in as bad a shape as…

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