EU

Welcome to the Energiehalse, Germany – now “Fock off”!

My dad is English, even having carried the flag at the Commonwealth games in Brisbane. But we learned to sail together in German, whilst on…

When Russia invades Ukraine, who ya gonna call?

When you’re faced with a crisis, it pays to ask advice from those who have faced such a crisis before. Or several of them… And…

Withdrawal symptoms strike euro area government bonds

Euro area bond yields are spiking over fears that the European Central Bank (ECB) will withdraw stimulus. Are we in for another European sovereign debt…

I got an 11.8m euro email from Christine Lagarde

Good news, everyone. According to an email which was erroneously misplaced into my junk folder, my “€11.8M EUR” has been found by none other than…

Higher interest rates? Be careful what you wish for…

Yesterday we looked into the post-Brexit economic boom which has forced the Bank of England to raise its interest rates ahead of other major central…

Brexit: first amongst unequals in 2022

One of the odd things about the Brexit debate before the referendum was the lack of a cost-benefit analysis. One side provided us with the…

Trump? It was Merkel all along!

2022 has begun with record Covid cases, a testing debacle and Brexit shenanigans. Some things never change… However, the UK’s ability to deal with our…

Are we really better off out?

Yesterday, we covered how the EU will change – without the UK to curb its various enthusiasms. Today, we’ll tackle the reverse. How will the…

What will the EU look like without the UK?

I’m sure Brexiteers feel vindicated about Brexit these days. But today, I’m wondering what the EU will look like in the future without the UK…

The threat of Polexit exposes the “legal illegitimacy” of the EU itself

The world stands aghast that a nation state like Poland would declare its own laws as having primacy over those of the EU. Does this…

Is the EU illegal?

While bond markets around the world wobble, the very foundations of the EU do too. And those foundations might not be on very legal ground.…

How much inflation will the Germans put up with?

It pains me to say it, but it’s time to start worrying about Germany again. I’m a German of sorts. Our latest plan to dominate…

Madame Legarde is a tapering data-slave in a Catch-22

Today, we take on the French in the guise of European Central Bank (ECB) President Christine Lagarde. But, if you prefer the Germans, check out…

Evil bankers and flooded stock markets

Nigel Farage is on holidays this week – and so I brought in the reinforcements to cover the latest news about stock markets and geopolitics.…

How Afghanistan defeats Europe’s empire

On Friday, I ask Nigel Farage about whether the mess in Afghanistan would lead to a repeat of Europe’s 2015 refugee crisis. He said something…

The EU faces another Brexit trigger event

In this video, Nigel Farage makes some extraordinary claims about what really put Brexit over the line back in 2016. Extraordinary because the key event…

Project Fear, Brexit-in-name-only and re-join lose in extra-time

While England was busy going football mad, our Chancellor (Rishi Sunak, not Angela Merkel) made an incredibly important speech. It signalled a sea-change in British…

What the end of the euro looks like

The euro was always a political project, rather than merely an economic one. With both a formal fiscal union on the one hand and a…

The euro’s TARGET2 is revealing what’s really going on inside the euro area

While the European Central Bank (ECB) has backstopped the governments of the weaker euro area economies, and thereby their banks, it hasn’t been able to…

Why the euro is failing without bond markets crashing

The Covid-clouds might now be clearing from the European economic landscape. However, as they dissipate, they reveal just how uncompetitive much of the euro area…