Author Archives: radiofreemarket

From Charles Gave of Gavekal Research: “Germans might as well load much of their auto exports headed to eurozone  countries on to a boat and sink it outside of Hamburg. It would do as much good  as selling Audis in … Continue reading →

From Open Europe news summary of September 11, 2013 (my highlights): In his ‘state of the Union’ speech in Strasbourg this morning, European Commission President José Manuel Barroso said, “Not everything needs a solution at European level. Europe must focus … Continue reading →

My good friend Godfrey Bloom, member of the European Parliament for Yorkshire and North Lincolnshire, explains housing market realities to statist politicians in the European Parliament.  Perhaps the crime of which he speaks is so apparent and so widespread that … Continue reading →

I disagree with this news article that Peru is the dollar counterfeiting capital of the world. Here is its evidence: “Over the past decade, $103 million in fake U.S. dollars “made in Peru” have been seized…” The Fed’s QE3 program … Continue reading →

From today’s Open Europe news summary: Le Monde reports that the Spanish government is planning on putting “one quarter of the national heritage” up for sale in order to tackle their budget deficit. Euractiv Le Monde The Spanish people have … Continue reading →

From today’s Open Europe news summary: The FT reports that motorways in Portugal are deserted due to the recession, the introduction of tolls and the overinvestment in roads funded by the EU, which has left Portugal with four times more … Continue reading →

Re:  Argentina Loses Debt Appeal I have read many otherwise reputable economists state that defaulting on one’s sovereign debt is not such a bad thing, often citing Argentina as an example.  Well, read what sovereign debt default really means.  Your … Continue reading →

UK may have to help third Greek bail-out  COMMENT: Godfrey Bloom, UKIP MEP http://www.express.co.uk/news/uk/423861/UK-may-have-to-help-third-Greek-bail-out Central bankers and politicians speak of never-ending bailouts only because they can print money in unlimited amounts.  The Greeks know it; the Spaniards know it; the … Continue reading →

Re: Just set fire to Japan’s quadrillion debt, by Ambrose Evans-Pritchard Well, Ambrose, I am one of those who has “Austro-outrage” over your inane proposal to just burn or bury in a locked drawer Japan’s mounting debt.  Your unconcern over … Continue reading →