European Union

Via GEFIRA,

As deep cracks have emerged in the formerly pristine diplomatic relations between Poland and the EU over the past few months, some burried ghosts from Europe's past are making an unexpected come back.

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

Authored by Jeff Thomas via InternationalMan.com,

For decades, in discussing the ever-increasing hegemony of the world’s principal governments (US, EU, et al.), I’ve been asked repeatedly, “When will the governments understand that this obsession they have to become all-powerful is not in the interests of the people?”

The answer to this question has also remained the same for decades: never.

Authored by Mike Shedlock via MishTalk.com,

If there is a run on the bank, any bank in the EU, you better be among the first to get your money out.

Although it’s your money, the EU wants to Freeze Accounts to Prevent Runs at Failing Banks.

European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed.