Comparing Two Great Depreciations The dollar continued its fall against the euro today, hitting its eighth record low in a row. It’s now down to around 1.22 $/€. This set…

…dollar policy. Take a look at the graph below of the euro/dollar exchange rate: The dollar has lost nearly 30% of its value against the euro over the past 18…

…rise.” … Thus, Germany has a selfish reason to fight for countries like Spain and Greece to stay within the Euro-zone. “The solution to excess savings, in other words, is…

…Rome. When did the European Community (now EU) eliminate intra EC capital controls ? … Correct answer 1992 as a result of the “1992 discovery of Europe” reform. When I…

…War through the end of the 20th century, Europe during the period from the end of the Bretton Woods regime to the introduction of the euro, and Latin America from…

…million at an exchange rate of $1.35 per euro (and the euro is down to less than $1.15 now). Boeing, Sempra Energy, Intel, Cerner Corporation, Cheniere Energy, Shell, Tesla, and…

…Euro-terminology). Since the alleged subsidies were not notified to the European Commission in advance as required by EU law, the Commission has ruled that Starbucks and Fiat have to repay…

…bonds whose maturity would be automatically extended in the event of an ESM programme (the status of the existing debt stock would remain unaffected). The real-time market pressure associated with…

…to demand that the European Central Bank fork over 250,000,000,000 Euros. Good thing that insane devotion to austerity and a strong currency has never provoked really dangerous extremism in Europe….

…following the collapse of Lehman was putting massive pressure on top European banks, especially Deutsches Bank and BNP Paribas. Supposedly the European Central Bank (ECB) should have been able to…