You are here

Europe

Europe's Banking Dysfunction Worsens

Europe's Banking Dysfunction Worsens

Authored by Chris Whalen via The Institutional Risk Analyst,

“While the US and the UK have been mired in political chaos this year, the EU has enjoyed improved economic conditions and some political windfalls. The question now is whether this good news will inspire long-needed EU and eurozone reforms, or merely fuel complacency – and thus set the stage for another crisis down the road.”

 

Philippe Legrain, Project Syndicate

"The Mood Is Very Pessimistic": US Begins "Removing Furniture And Equipment" From Seized Compound In Russia

"The Mood Is Very Pessimistic": US Begins "Removing Furniture And Equipment" From Seized Compound In Russia

Two days after Russian President Vladimir Putin formally expelled 755 American diplomats and announced plans to seize two compounds used by US State Department employees, US officials have started "removing furniture and equipment from the compounds", according to Reuters.

China: A Keynesian Monster

China: A Keynesian Monster

Authored by Per Bylund via The Mises Institute,

I recently spent two weeks traveling in the People’s Republic of China (PRC), a vast country with many contrasts: old vs. new, poor vs. rich, traditional vs. modern, East vs. West. While it is a strange experience with many impressions, what’s most striking is the obvious and contradictory economic contrast between wealth and waste.

Pages