Europe
The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now
How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment. You might think that I am talking about the United States, but I am actually talking about Europe. You see, the truth is that the European Union has a larger population than the United States does, it has a larger economy than the United States does, and it has a much larger banking system than the United States does.
Europe has 421 million fewer birds than it did 30 years ago
Europe has an estimated 421 million fewer birds than three decades ago, and current treatment of the environment is unsustainable for many common species, a study released on Monday said. The population crash is related to modern farming methods and the loss and damage of habitats, according to the study published in science journal Ecology Letters. “This is a warning from birds throughout Europe.
Europe Is Flirting With A Bizarre New Kind Of Economic Meltdown That Hasn’t Been Seen Since The 1930s
Inflation is crumbling across Europe. In fact, in several countries, it’s already negative. Economists are increasingly worried that the whole continent is going to drop into deflation.
Recovery? 60% Of Greeks Live At Or Below Poverty Levels
While Greek government yields (and political leaders) proclaim the troubled peripheral European nation is ‘recovering’, the risk of major political upheaval in Greece has not gone away ahead of next year’s presidential vote next year. As Reuters notes, under growing pressure from anti-bailout leftists, Greek Prime Minister Antonis Samaras desperately needs a new narrative to get the backing of lawmakers and rally Greeks fed up with four years of austerity. We wish him luck as Keep Talking Greece notes, it is high time that the real data of the economic situation of the Greek society come to the surface and so it did this week.
Europe Is Crumbling Into Collapse
The intention was always to make the EU a tide to lift all boats, or even, in the wildest dreams, a boat to lift all tides. That intention has failed in dramatic fashion. But not one single one of the architects and present day leaders is ready to fess up to their failures.
Incest is a ‘fundamental right’, German government committee says
Laws banning incest between brothers and sisters in Germany could be scrapped after a government ethics committee said the they were an unacceptable intrusion into the right to sexual self-determination. “Criminal law is not the appropriate means to preserve a social taboo,” the German Ethics Council said in a statement. “The fundamental right of adult siblings to sexual self-determination is to be weighed more heavily than the abstract idea of protection of the family.
If Scotland breaks away, these 8 places in Europe could be next
Given Europe’s complicated history and cultural diversity, the existence of independence-minded groups and regions is understandable. Even so, the sheer number of separatist movements in Europe may surprise you. Some of these groups have transformed their desire for separation into successful political movements; others are operating at a far lower level.
Only a monetary ‘nuclear bomb’ can save Italy now
If so, Italy’s public debt will spiral to dangerous levels next year, ever further beyond the point of no return for a country without its own sovereign currency and central bank. “This is catastrophic for the finances of the country. We’re heading for a debt ratio of 145pc next year,” said Antonio Guglielmi, global strategist for Mediobanca.
Scottish Independence Movement Inspires Dreams Of Statehood Across Europe
A short walk from Edinburgh Castle, past tourist stores hawking kilts and tartan scarves, a church hall is about to become a patch of Barcelona for the day. As Scotland votes next week on whether to break up the U.K.
