Eurozone

Formally established in 1993, the eurozone, often referred to as the “European Union,” is a political and economic union established after the ratification of the Maastricht Treaty by members of the European Community. It has since expanded to include some Central and Eastern European nations. The establishment of the eurozone provided for the creation of a central European bank and the adoption of a common currency: the euro. The idea behind the eurozone is to create a single geographical market where goods, services, and money can be exchanged freely.

High Debt, Dollar Strength: Capital Controls on U.S. Dollar Likely

By Monday, March 23, 2015

Capital Controls in USThe possibility of capital controls coming to the U.S. is not as much of a stretch as you may think. Consider the precedents and don’t be caught off guard.
Capital controls are any measure taken by a government authority that limits the flow of foreign capital into and out of the domestic economy. In its ugliest forms, capital control… Read More

What Happens If Greece Exits the Eurozone?

By Thursday, February 26, 2015

Greece Exits the EurozoneGreece’s Anti-Austerity Platform Reimagined… Read More
What happens if Greece exits the eurozone? We’ll have to wait until the end of June to find out. Or at least be subject to four more months of pundits explaining what could happen.
That’s because Greece’s creditors, the “Troika” (the European Central Bank, the European Comm

Three Economic Developments to Cause Sharp Rise in Gold Prices?

By Thursday, February 12, 2015

Economic Development to Rise in Gold PricesFor the next little while, I am watching three events—I’ll call them developments—very closely. These developments could impact gold prices and cause sharp movements to the upside in a very short time. What are these developments? Talks of Greece’s potential exit from the eurozone, rising interest rates, and an economic… Read More

Greece’s Radical Left Win: Major Step to Euro’s Demise?

By Wednesday, February 4, 2015

Eurozone After Radical Left Win in GreeceGreece, one the most troubled nations in the eurozone, has elected a radical left-wing political party named the Syriza that’s against the austerity measures placed on Greece by the “troika”—that’s the European Central Bank (ECB), the European Union (EU), and the International Monetary Fund (IMF).
Syriza wants to ren… Read More

The Eurozone Economic Mess: Why It Will Impact the U.S. Economy

By Monday, January 12, 2015

Eurozone Troubles to Impact American Key Stock IndicesIn 2014, I was able to travel to Europe on six different occasions. I just came back from England. These trips to Europe enable me to see how the countries there are faring economically. And I can tell you first-hand—take England and Germany out of the picture, and most European countries are in an outright depression. (Not good news f… Read More

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