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Merkel’s Own Party Ready to Give Up on Greece; Another Week of Deadlines; Reflections on Can Kicking German Chancellor Angela Merkel is increasingly isolated in her stance on Greece. Growing Pressure From Within the ranks of her own party bloc to give up on Greece for the sake of the euro. Members of Merkel’s Christian Democratic bloc are openly challenging her stance of keeping Europe’s most-indebted country in the 19-nation currency region.
Links Burying The Greatest Victory in Spite April 29, 2015 ( Ulson Gunnar – NEO ) – In efforts to demonize Russia, the history of the Western World is being distastefully rewritten. The monumental sacrifices of the Russian people during World War II are not only being marginalized, but flipped upon their heads. Today, reading through the Western media, one will find a multitude of comparisons between Russia and Nazi Germany, with Russian President Vladimir Putin compared with Nazi dictator Adolf Hitler.
View article: Euribor Goes Negative, Banks Paid to Borrow from Each Other; ECB Risks Freezing Repo Market
I received many questions and comments regarding Obama’s Trans-Pacific Partnership Fiasco vs. Mish’s Proposed Free Trade Alternative . While most do see Obama’s Trans-Pacific Partnership (TPP) as a fiasco, many question my alternative proposal: An excellent free trade agreement would consist of precisely one line of text: All tariffs and all government subsidies on all goods and services will be eliminated effective June 1, 2015"
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