Europe

Authored by Simon Black via SovereignMan.com,

Sometimes you have to marvel at the absurdity of the financial universe in which we live.

On one side of the Atlantic, we have the United States of America, which triggered yet another debt ceiling disaster last Thursday when the US government’s maximum allowable debt reset to just over $20 trillion.

Of course, the US national debt is pretty much already at $20 trillion.

(That’s roughly $166,000 per taxpayer in the Land of the Free.)

By Nick Kounis of ABN Amro

Euro Rates Watch – Will the TLTRO spark carry trades?

Turkish President Recep Tayyip Erdogan has warned that Europeans across the world will die bloody deaths at the hands of terrorists unless Europe show Turkey some more respect.  In an angry rant to journalists in Ankara, [...]

Via InternationalMan.com,

Nick Giambruno: Doug, what do you think is the root problem of the US economy and financial system?

Having already told Europe "we'll blow your mind" with a threat to unleash 15,000 immigrants per month,Turkish President Tayyip Erdogan escalated his rhetoric this morning warning Europeans across the world would not be able to walk safely on the streets if they kept up their current attitude.