EU

The electrification of everything short-circuits the economy

Not so long ago they were talking about the “electrification of everything”. The idea was to have everything in the world run on electricity, as…

If the EU abandons Ukraine, what’ll the UK do?

Two weeks ago, Nigel Farage and I wondered whether the EU would hold out over Winter. But now the UK government is the one concerned…

The Return of Bloody October?

Back in 2018, I predicted a meltdown in the stockmarket over Italian elections. I called the prediction Bloody October. And the selloff which began in…

The euro breaks the buck

Do you remember when Brexit would cause the pound to fall to parity with the euro? The humiliation was sure to expose Brexit as a…

A cold shower for the Germans… literally

For those of you who don’t know, I’m German. About as German as I am English and Australian, anyway. And this means I dig through…

The sanctions will continue until morale improves

Vladimir Putin invaded Ukraine. But he wasn’t the one to impose sanctions on Russian energy. So, who will get the blame for the West’s energy…

Germany dismasted, just as Trump warned

Winston Churchill famously championed the Royal Navy’s shift from coal to oil. Looking back, it seems like a no-brainer today. Unless you’re in charge of…

How the euro violates the Unholy Trinity

[Ed Note: The following is an excerpt from my book How the Euro Dies, which I’ve decided to republish here in anticipation of a return…

The Unholy Trinity has recovered from Covid-19 and is ready to destroy the euro (again)

[Ed Note: The following is an excerpt from my book How the Euro Dies, which I’ve decided to republish in anticipation of a return to…

The day that decides the EU’s future comes shortly before the French election

Inflation continues to soar. But what if there’s an even bigger surprise lying in wait for financial markets? The French presidential election result could undermine…

Even communists used reserve currencies. But which one will Russia use next?

A particularly obscure idea could be about to become the defining financial issue of our time. But, because global reserve currency resets only rear their…

Rumblings in the European bond market (Part 2)

[Today’s Fortune & Freedom comes from The Fleet Street Letter Wealth Builder and its editor Charlie Morris, a former £3 billion fund manager at HSBC.…

Inflation presents a major challenge for investors, but not the only one

[Today’s Fortune & Freedom comes from The Fleet Street Letter Wealth Builder and its editor Charlie Morris, a former £3 billion fund manager at HSBC.…

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…