Let’s Face It: Austerity Can’t Work For Europe
Until the Euro Area will be stuck in this stagnation (or even recession) phase, it is completely insane to think of austerity as a possible way out of the crisis, the ratio debt/GDP will not…
crisis
Europe: Will We Ever Be As “Rich” As We Were Before ?
The Trueconomics blog gives us the scariest chart we’ve seen in a while on the Euro Area: can you imagine what Europe has lost in terms of GDP per capita ? (original publishing date 10/20/14)…
German Factory Orders Are Collapsing
The economic slowdown in Germany is getting more and more serious: German factory orders fell by 5.7% between July and August (original publishing date 10/07/14) Here’s the scary picture of the day: -5.7% month-on month…
Is Italian Employment Ever Coming Back ?
Italian employment is looking really, really bad: how come Italy is, on a fairly regular basis, the European country with the worst economic news ever since the Euro crisis started ? Italy is now the…
Here Is Why Scotland Risks A Huge Crisis After The Independence Vote
We don’t know yet what Scottish people will choose, but several big banks are considering the idea of leaving the country if the “yes” will win at the next historical referendum for the independence from…
The Future Is Not Bright For Europe
In the following months, there’s not a single indicator pointing at a recovery in the Euro Area economy, and investor sentiment is crashing European financial markets surely look way healthier than its rotten “real” economy,…
London’s Best Districts Draw Buyers on Italian Triple Dip
Curiously enough, the largest group of foreigners who bought a house in the most expensive districts in London is the Italian one, another evidence to the theory that big crisis lead to big inequality (guest…
Will Euro Area Still Be “Not Recovering” In 2017 ?
Take a moment to think about it: can the German yield curve tells us how exactly the crisis is going to move in the Euro Area in the next years ? (original publishing date 08/29/14)…
The Miserable European Construction Sector
Recovery for the EU is just not happening: just a quick glance at the latest data on the construction sector would be really, really depressing for anyone What Brussels needs to understand is that whatever…
Europe May Not Grow For A While
While some indicators (PMI, industrial production) may not work to forecast economic growth in the Euro Area, we still have one indicator we can trust, and this indicator is not giving us any good news…