Economic Illusions vs. Reality; Helicopter Drop, What Else?
• globaleconomicanalysis.blogspot.comWithout providing a link, ZeroHedge posted some comments today regarding "Helicopter Drop Theory" by Willem Buiter, Citibank's Chief Economist.
Contents Pages by Subject
European Union
Revealed: how Google enlisted members of US Congress it bankrolled to fight $6bn EU antitrust case
• TheGuardianUS tech firm has stepped up lobbying efforts with $3.5m charm offensive to persuade EU to drop punitive action over alleged abuse of monopoly position
This Is The Scariest Chart For Angela Merkel
• Zero HedgeHaving won Time's "Person of the Year" award, German chancellor Angela Merkel may have little time, or cause, for celebration.
ECB CUTS RATES
• Business InsiderThe European Central Bank just plunged its deposit rate further into negative territory, from -0.20% to -0.30%.
The Biggest Problem For Europe's Small Businesses: "Finding Customers"
• Zero HedgeThree weeks ago, some were surprised to learn that after a blockbuster September, new RMB loans in China fell off a cliff in October, coming in at just CNY514 billion against consensus of CNY800 billion.
Turkish Journalists Detained for Reporting on Weapons Allegedly Supplied to ISIS
• truthinmedia.comTwo Turkish journalists have been detained after reporting that arms are being smuggled from Turkey to Syria possibly into the hands of the Islamic State.
Belgium wants unified 'European CIA,' cites Paris attacks
• https://www.rt.comThe Paris terror attacks have prompted Belgium to call for a unified European intelligence agency that would share information to nip future threats in the bud. The idea has been met with skepticism from such EU members as Germany.
Who Is Really Behind the EU?
• The Daily BellThe EU's leaders pretend they are dismayed. Angela Merkel deplores the situation even as she is trying to throw Germany's metaphorical doors open to 1.5 million immigrants, illegal or not. Sweden has taken numerous refugees but now is pulling back.6/
EU clamps down on bitcoin, anonymous payments to curb terrorism funding
• http://www.reuters.com,European Union countries plan a crackdown on virtual currencies and anonymous payments made online and via pre-paid cards in a bid to tackle terrorism financing after the Paris attacks, a draft document seen by Reuters said.
EU Commissioner's Dire Warning: "The Only Alternative To Europe Is War"
• Zero HedgeWhile the saying goes "good fences make good neighbors," it appears the leadership of The EU is starting to get frustrated with the lack of acquiescence among some of the 'union's' newer or more marginal members.
The European Union Is Disintegrating:
• Zero HedgeAustria Builds New Fence; Germany, Sweden Resume Border Checks
U.K. Government Proposes More, Not Less, Electronic Snooping
• theintercept.comTwo years after NSA whistleblower Edward Snowden revealed the vast reach of U.S. and U.K. surveillance, the U.S. Congress rolled back the most manifestly unconstitutional element: the bulk collection of domestic phone data.
German Opposition Party Warns, Nation Is "At The Edge Of Anarchy, Sliding Towards Civil War
• http://www.zerohedge.comGermany now is somewhere at the edge of anarchy and sliding towards civil war, or to become a banana republic without any government, says Hansjoerg Mueller of the Alternative for Germany party.
UK Seeks "Two-Tier" Europe Enshrined in Law
• MIKE SHEDLOCKGerman chancellor Angela Merkel, EU president Jean-Claude Juncker, and French President Francois Hollande will not be pleased to learn UK Chancellor Seeks Two-Tier Europe Enshrined in Law.
EU Parliament Wants Asylum for Edward Snowden
• TimeGroup calls NSA whistleblower a "human rights defender"
Slovenia Calls on Army, Private Security Forces,
• globaleconomicanalysis.blogspot.comPonders Article 222 for EU Military Aid to Halt Flow of Migrants
EU Rules Bitcoin is a Currency, US Says Bitcoin is a Commodity;...
• http://globaleconomicanalysis.blogspot.comEuropean Court of Justice Rules Bitcoin is a Currency
Europe votes on the future of its internet tomorrow
• theverge.comProposed legislation aims to protect net neutrality across the EU, but major loopholes threaten to undermine it
We Now Have An ETA When The Biggest Bond Bubble In The World Will Burst
• Zero HedgeTogether with Greece briefly soaring to prominence over the summer (only to fade into perpetual obscurity in its new role as Germany's certified Mediterranean colony), the biggest event of this past summer -
As Draghi Hints at More QE, German Bond Yields Hit Record Low Negative Yields;
• globaleconomicanalysis.blogspot.comEconomic Madness
Merkel Seeks to "Europeanise" Border Controls; Emergency EU Meeting...
• MIKE SHEDLOCKMerkel Seeks to "Europeanise" Border Controls; Emergency EU Meeting Called
Russia and Europe Prepare For Joint Lunar Mission
• popsci.comGoing together where very few have gone before
EU solution to refugee crisis: Pay Turkey to deal with it
• http://www.globalpost.com, Peter GellingThanks largely to efforts by German Chancellor Angela Merkel, Germany is expected to receive between 800,000 and 1 million refugees this year.
After 6 Years Of Austerity, 36% Of Greeks In Poverty
• http://www.zerohedge.com, by Tyler DurdenThousands of austerity measures, dramatic cuts in incomes, incredible hikes in taxes. Five and a half years in deep recession. Three bailout agreements. And where do Greeks stand now?
Visualizing The Demise Of The Once Mighty Euro
• http://www.zerohedge.com, Tyler DurdenThe European Union has always been primarily a political project.
Estonia's E-Residency Program Is Growing Three Times Faster than Predicted
• motherboard.vice.comThe small EU country of Estonia is experiencing a boom in e-immigration, with an online residency program launched in December growing more quickly than anticipated.
Europe Reveals How Accounts Will Be Frozen During the Next Crisis
• http://www.zerohedge.comIn the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis.
Draghi Says Emerging-Market Slowdown Poses Fresh Risk for Europe
• BloombergSlowing growth in emerging markets and slumping commodity prices are posing fresh challenges to the euro-area economy, which may need to be countered by adjustments to quantitative easing, European Central Bank President Mario Draghi said.
Good Job, Mario-
• davidstockmanscontracorner.com--More Signs The Eurozone Is Grinding To A Halt
EU-U.S. Data-Sharing Pact Is Invalid, EU's Top Court Rules
• http://www.bloomberg.comA trans-Atlantic pact that potentially allows U.S. spies to get their hands on European citizens' private data was declared invalid by the EU's highest court, in a ruling that threatens to plunge Internet companies into a legal limbo.
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