FRANCE

A Serious Warning About the French Terrorist Attack for American Citizens

by John Galt July 15, 2016 05:00 ET I wish to start this commentary and warning with a reflection. Innocent people were enjoying their lives in Nice, France last night when terrorism struck again, killing over 70 people, injuring over 100, and once again putting the nation on France on the razor’s edge. I pray for the victims and their families, and the French nation as they have endured enough. That being said this was a huge warning to all Americans in our own homeland yet I wonder how many people…


06.23 BREXIT Updates: The End of Great Britain, the Start of French Britain

by John Galt June 23, 2018 18:00 ET I remember reflecting on history at one time where I said if the United Kingdom ever succumbs to the evil lure of globalism and refuses to act proud and independent, then the Western world may well be lost. It would appear, barring a miracle, that the news will reflect a victory for “remain” and the British empire which was once a proud lion, will instead join the world community of cowardly lions which submit to every whim of the global banking syndicates. Of…


Ambrose Evans-Pritchard: Why I am voting to leave the EU

by John Galt June 12, 2016 20:10 ET In what can only be called a stunning editorial in tonight’s edition of the UK Telegraph, Ambrose Evans-Pritchard hammers it home with a stunning rebuke of the pro-European Union forces inside the United Kingdom with this editorial: Brexit vote is about the supremacy of Parliament and nothing else: Why I am voting to leave the EU Holy smokes! This is somewhat earth shattering as the conventional economic thought inside England was to remain and muddle through with a partnership both with France and…



11.17 Russia and France Begin Operation F.U. Obama Against ISIS in Syria – Raqqa Sucks to Live there now! (Videos)

by John Galt November 17, 2015 19:30 ET Don’t piss on the bear unless you can handle getting hit by the claw. Apparently ISIS hasn’t figured out that they should have broadcast pictures of their “fighters” feeding infants instead of raping and beheading them as Russia in coordination now with France has basically told Obama to F. Off and started bombing the living dog snot out of ISIS in Raqqa and selected other targets as another pre-winter offensive begins. This time it is different however with both Russia and France assisting…


If I am China, Russia, North Korea, etc. I would Invade the Wussified U.S.A. Tomorrow

by John Galt January 16, 2015 18:55 ET As if the stories about banning sledding on snow covered hills wasn’t a sign, or the government investigating parents for, gasp, allowing their children to walk home from a park all alone a sign of PC wussiness going into overdrive, along comes Secretary of State John Kerry who served in Vietnam, won two medals for mosquito bites then threw them over the White House fence so he could prove he is a man. What did Secretary Lurch do today? Instead of showing up…


UN Security Council Meeting now Open to Public – Watch Live Here at 8 pm ET

  by John Galt April 14, 2014 19:10 ET Since Russia called this meeting it can only get more interesting with the United States, France, and the United Kingdom all going to have a chance to take shots at the Russian ambassador who will veto their proposals anyways and announce whatever plan of action the Russians have in store for the Eastern Ukraine.


The Arab Spring comes to Algeria with Protests and 3 Deaths this Weekend

  by John Galt March 16, 2014 21:40 ET As all eyes are focused on Russia and the Ukraine, the MENA region (Middle East-North Africa) continues to boil with Libya making waves almost daily and now Algeria experiencing rare anti-government protests on Saturday and Sunday after the 77 year old incumbent, President Abdelaziz Bouteflika, decided to seek a fourth term. The pro-Boutefika protests in Algeria were obvious propaganda as their stated purpose was to “motivate” the youth to get out and vote for the current leadership. However across town the protests…


03.03 European Stock Markets Down 1%+ Due to Russian Bear Scare

  by John Galt March 3, 2014 06:58 ET The Asian debacle has now rotated around to European stocks with the Ukraine crisis growing more tense by the moment. Most of the European markets are down 1%+ with some areas taking this weekend’s developments harder than others. The UK FTSE 100 is down about 1.7% at the time of this posting: (all charts from YahooFinance)   The German Dax is the real story taking the prospects of a possible shooting war to its east and trade sanctions against its largest energy…


06.14.12 Ambrose Evans-Pritchard: Dutch disease

  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 in April, even worse than the…


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

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 say, the real danger is contagion…


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

  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 a reminder as to the severity…


4.23.12 HARDCORE News

by John Galt April 23, 2012 22:00 ET   Click on the links below to read the stories in full:   Egypt’s military leader responds to Lieberman with threat of violence Gaza Rockets Fired at Israel Barak: We’re not playing games when we prepare for a possible strike at Iran 1 in 2 new graduates are jobless or underemployed Hollande beats Sarkozy in French vote N. Korea military vows ‘special actions’ soon Observer: N. Korea may test uranium device Illinois ‘Treads Water’ as Unpaid Bill Backlog Tops $9 Billion Man Beaten…


4.16.12 AEP: Nicolas Sarkozy lambasts ECB’s rigid policies

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 to be endured by millions and…


2.5.12 AEP: French socialists’ Latin revolt against Germany

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 France is married to along with…


S&P Screws Austria: Hungary Downgraded to Junk

By John Galt December 21, 2011 – 14:55 ET Over the past few years I have been writing and commenting on the other housing crisis in Europe, that being of the nations who issued mortgages in Euros to Eastern European nations. Hungary was one of the largest nations in which the citizens borrowed heavily from Austrian banks in Euros but their local currency, the Forint, was used to pay those banks back. That worked fine until the Euro skyrocketed in value and the Hungarian economy crashed in 2007-2008 along with the…


Oops. First Fitch, now Revenge of the S&P

By John Galt November 28, 2011 – 17:20 ET From La Tribune de Francais: D’ici dix jours, le triple A français risque de se retrouver “sous perspective négative” In English: In ten days, the triple A French risk of being “negative outlook” Oops. Basically speaking, the ratings war is on between the least worst of the credit risks, aka, the U.S. and France which means the U.S. and France are unofficially in a pissing match to junkdom. From the article (translated via Google/my interpretation): Threats from other agencies Another source concurrent…


11/7 AEP: France cuts frantically as Italy nears debt spiral

By John Galt November 7, 2011 – 21:15 ET Ambrose Evans-Pritchard’s latest from the UK Telegraph: France cuts frantically as Italy nears debt spiral From tonight’s article: “We wish to protect the French against the grave problems facing other European countries. Bankruptcy is not an abstract word,” said premier Francois Fillon. The belt-tightening plan — the second package since August, taking total cuts to €112bn — include a 5pc super-tax on big firms, a rise in VAT on restaurants and construction, and cuts on pensions, schools, health, and welfare. It is…


11/2 EU Credit Disaster continues: Greek 1 Year Bond Yields top 232%

By John Galt November 2, 2011 – 08:00 ET Charts from Bloomberg.com and no commentary beyond “the panic is accelerating” is necessary beyond what each nation’s yields are telling you: Greek 1 year soars over a 230% yield this morning: Italian 10 year yield stays stubbornly above 6% despite ECB intervention: Irish 10 year yields creep past 8% again as the idea that the Hellenic contagion will spread: Lastly, French CDS spreads are expanding again and heading towards 200 points which should be a red flag as the exposure of the…


Do Dodd and Frank work for the European Central Bank now?

By John Galt October 23, 2011 – 16:50 ET As the evening progresses, the jokes, er similarities between the U.S. in 2008 and the Eurocircus keep on coming. The latest story from Reuters reeks of the morons in Congress debating the “TARP” fiasco and the only thing missing is one of the Euros to come out like W did and say words to the effect that the European economy “was fundamentally sound and still growing” or other idiocy. The latest hilarity: EU bank plan may include aid already pledged to bailout…


If Siemens did Transfer funds from French banks, they are NOT the only ones

By John Galt September 20, 2011 – 05:05 ET A report from this morning’s Financial Times speaks volumes about the France’s major banks: Siemens shelters up to €6bn at ECB (registration required to read the article in full) The bottom line to the story is not the rampant denials by the major banks in France this morning but the validation of rumors in the markets and blogosphere of either a or some major French banks having financial difficulty. This story from the FT seems to indicate that the marriage to the…


Full Translation of Merkel – Sarkozy Eurocide Press Conference

By John Galt August 17, 2011 – 06:10 ET Yesterday the leaders of France and Germany held a 1938 Munich style meeting where instead of the Sudetenland being carved up, the two political elites bowed to the pressure of their nation’s banksters and carved up the spoils of the now failed European Union experiment. Below is a full translation of the press conference with the details being provided by the UK Telegraph in an article at this link on the 16th. Here are their proposals which are pretty much lip service…


The Eurozone enters Bear Market Territory

By John Galt August 8, 2011 07:41 ET For their sake, I hope they don’t smell like fish. The charts this morning are a lot uglier than I thought they would be but the Teutonic nations who are bailing out Southern Europe are going to be hard pressed to raise the trillions of Euros necessary for the bailout if their stock markets are any indication of future economic activity. Are these nations sending a message to our markets that our future is just as bleak? Time will tell… (Click on charts…


%d bloggers like this: