M3 is the decisive factor … As illustrated by most of the 9 indicators described in this third issue, the past weeks have confirmed how decisive the US Federal Reserve’s decision is to stop reporting M3 on March 23, 2006. We are now convinced that this decision portends a period of accelerated money-printing by the […]
The crisis anticipated for the end of March 2006 will provide a serious test for Euroland and will determine whether the Euro is sustainable or not. The significant fall of the Dollar will automatically induce a strong upward pressure on the Euro against this currency, and against others linked to the Dollar (the Chinese currency […]
The American and Iranian decisions coming into effect the week of March 20-26, 2006 will catalyse seven sectoral crises into a total crisis, affecting the whole planet in the political, economic, financial and probably military fields: loss of confidence in the Dollar, explosion of the US financial imbalances, oil crisis, end of the US leadership, […]
We estimate to over 80% the probability that the week of March 20-26, 2006 will be the beginning of the most significant political crisis the world has known since the Fall of the Iron Curtain in 1989, accompanied by an economic and financial crisis of a scope comparable with that of 1929. This last week […]
In this beginning of 2006, the project of constitutional treaty is still at the centre of most EU discussions. Does this mean that the process of ratification is being rejuvenated or is it the sign of a profound deadlock in which the EU institutions and political leaders are stuck? What course will follow the EU […]
The French and Dutch « Noes » broke the constitutional march projected by the European institutions and the governments. The unexpected freeze of the ratification process all around the EU proves it. This freeze illustrates the immense problem raised by the French and Dutch votes in each and every other member-state: national political classes are […]