Europe

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,

I’m trying, I swear, to get into the fold, but I just can’t NOT find this hilarious. On the eve of his presidency, Donald Trump tells European leaders, by not telling them diddly-squat, that he doesn’t think they matter all that much. It’s not just that his vision of the EU, and its importance, is very different from theirs, he also remembers very well what many of them have said about him in the run-up to his election for the presidency.

British military tanks were secretly deployed through the Channel Tunnel this week in preparation for a war between Russia and Europe.  Five tanks were secretly loaded onto trains on Wednesday night to take part in a midnight training operation to prepare mainland Europe for World War 3. Rt.com reports: A Warrior armored fighting vehicle, a recovery variant of the Warrior, a Challenger 2 main battle tank (MBT), a recovery Challenger, and a reconnaissance vehicle were loaded onto a train at the military’s railhead in Wiltshire for the test journey.

Authored by Antonius Aquinas via Acting-Man.com,

No Country Can be Made Great by Devaluation

John Connally, President Nixon’s Secretary of the Treasury, once remarked to the consternation of Europe’s financial elites over America’s inflationary monetary policy, that the dollar “is our currency, but your problem.”  Times have certainly changed and it now appears that the dollar has become an American problem.

Billionaire investor George Soros spoke to Bloomberg TV in Davos, and said the euphoria among stock investors since the victory of President-elect Donald Trump will end as uncertainty takes over.

Talking his book, Soros said that "uncertainty is at a peak and actually uncertainty is the enemy of long-term investment," The chairman of Soros Fund Management added "I don’t think the markets are going to do very well. Right now they’re still celebrating but when reality comes it will prevail."

"When reality comes, it will hurt markets" he warned.

Just when it seemed that no more lawsuits are possible for Germany's largest lender, which over the past two years has settled or otherwise paid billions to set aside a barrage of allegations of wrongdoing leading to the bank's suspension of bonuses for most senior bankers, today we learn that Deutsche Bank was sued by a Jewish charitable trust in Florida, alleging that the bank wrongly withheld as much as $3 billion from the heirs to a wealthy German family.