Romanian Private Debt Crisis Erupting

COMMENT: Dear Mr. Armstrong, Dear Mr. Armstrong, What you wrote concerning the possible repeated start of the banks collapse from Austria, once again, is right. The biggest lenders in Romania are some Austrian banks, among some Greek ones which are … Continue reading

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Market Talk – November 22, 2024

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 257.68 points or 0.68% to 38,283.85 • Shanghai decreased 103.21 points or -3.06% to 3,267.19 [...]
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PRIVATE BLOG – The Fate of the Euro

PRIVATE BLOG – The Fate of the Euro Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
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Europe’s Welfare State at Risk

European Central Bank President Christine Lagarde has warned that Europe’s bolstering welfare state is at risk due to its declining economic environment. Lagarde said the EU “will not be able [...]
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