TYR 9 September 2012 reads

Five Years Since The Great Financial Crisis: "No Growth, No Deleveraging" @ Zerohedge It illustrates the lack of debt deleveraging in developed economies from 2007 until now Diverging like it is 1929 @ Safehaven  Interesting comparison of the divergence of market action and fundamentals today and in 1929 The Repricing of Oil @ Peak Prosperity It shows … Continue reading TYR 9 September 2012 reads →

The “democratic” decision making process in the democratic national convention 2012: Jerusalem

Yesterday, the Democratic Party of the USA, in its democratic national convention, decided to reinstate in its party platform the assertion that Jerusalem is the capital of Israel, a highly controversial issue. This resolution of the Democratic Party is in opposition to the official diplomatic stance of the USA. It is specially remarkable the "democratic" … Continue reading The “democratic” decision making process in the democratic national convention 2012: Jerusalem →

The ESM violates Germany’s constitution and the EU treaties, a true trojan horse

Today Die Welt publishes an article signed by Gunnar Beck, professor of EU law at the University of London. In it, Mr. Beck dissects the ESM treaty and proves that it clearly violates both Germany's constitution and EU law. The ways in which the ESM violates german and/or EU law are the following: Unlimited capital. … Continue reading The ESM violates Germany’s constitution and the EU treaties, a true trojan horse →