While I don’t think this goes far enough I still do view the discussion of a ‘Banking Union’ as a positive.  This crisis will not be resolved without a stricter Union.  The best solution would be for Euro-Bonds, a TARP-like program, and more tangible oversight of fiscal budgets.  There is no EU if Germany remains...Read More

Momentum seems to be really building in regards to Euro-bonds.  I’ve said it before and I’ll say it again that this crisis will not be resolved without Euro-bonds, and/or money printing from the ECB.  Euro-bonds are the best option out there and deep down are in everybody’s interests, contingent upon there being a central governing...Read More

New French President Francois Hollande is very much interested in changing Franco-German relations.  The current economic policy being instituted to deal with the European crisis is based almost 100% on austerity.  The leadership of German Chancellor Angela Merkel has been strong but I believe slightly misguided in that not enough has been done to boost...Read More