Austria Struggling with its Banks in Crisis

Published by Philippe Herlin | Jun 19, 2014

We often talk in these pages about the difficult situation facing Europe’s southern countries, but the financial crisis is also affecting countries that are considered sound and that have a good reputation. This is the case with Austria, facing difficulties with its banking sector.

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Contrary to the Media Spin, Greece Keeps on Sinking

Published by Philippe Herlin | Apr 30, 2014

These last few days, the media would have us believe that Greece is doing better, that the country is on its way back up, and two irrefutable proofs are brought in for that demonstration : Greece is now experiencing a primary budgetary surplus, and it has regained access to financial markets. Let...

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How QE and Stock Buybacks Reinforce Each Other

Published by Philippe Herlin | Mar 13, 2014

Funny how the Fed and Big Business are not true to their primary function (guarantee the value of the money, invest and increase profits) and would rather manipulate the tools at their disposal, for which they are responsible, that must be used to establish objective measures (dollars, stocks)in...

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