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Tag Archives: Angela Merkel

Germany’s Superstimulus; Or, The Familiar (Dollar) Disorder of Bumbling Failure

The Economics textbook says that when faced with a downturn, the central bank turns to easing and the central government starts borrowing and spending. This combined “stimulus” approach will fill in the troughs without shaving off the peaks; at least according to neo-Keynesian doctrine. The point is to raise what these Economists call aggregate demand. If everyday folks don’t want to spend – because a lot of them can’t – then the government will spend on their behalf. And the central bank...

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Despite Six Years, Triple Dip Recession

It is the question nobody ever asks. As soon as contraction happens, the whole thing switches. Central bankers turn their attention, and move the public’s, toward fighting the thing, making sure it is as shallow and short as may be necessary. Officials pay total focus to getting out of it without ever having to answer for how they got into it. There are two parts to every recession, it does have an end but also a beginning. On November 15, 2012, the European Union declared the impossible. The...

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German coalition agreement: AI program shows bias

Wow,  the robots are even coming for the political scientists. Researchers used artificial intelligence to compare the manifestos of the German parties with the coalition agreement. And it showed that 70 percent of the content referred to the SPD manifesto and only 30 percent to that of the conservatives… READ MORE:  http://www.euronews.com/2018/02/13/german-coalition-agreement-ai-program-shows-bias Advertisements...

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Angela Lives!

At least to fight another day and the final round of negotiations to form a collation government with the Social Democrats (SPD).   Not a done deal just yet. . The euro/$ is quite muted and coming off tonight’s opening high. Let’s see what happens tomorrow. If there is no follow through-buying, decent dollar short covering could ensue. Conversely, if euro buyers come in, the Dixie could push through last Thursday’s intraday low of 90.113, and we may see an 80 handle...

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Gold, Euro Slump As Merkel Admits “New Elections Are The Better Way”

EURUSD is testing overnight lows (and gold is tumbling) after German Chancellor Angela Merkel said she would prefer to go ahead with new federal elections rather than try to form a minority government.   Seeking her fourth term, Bloomberg reports that Merkel is “skeptical” about a minority government as it may not bring about necessary stability and is open to another so-called grand coalition with the Social Democratic party, she said in an interview with ARD television. In the...

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“Worst Case Scenario” Looms As Merkel’s “Jamaica Coalition” Collapses; EUR Sinks

We warned on Friday that German Chancellor Angela Merkel faced a 'night of the long knives' in her efforts to bring together the co-called 'Jamaica' coalition of four parties and after a desperate weekend of talks, Bloomberg reports Merkel's efforts at forming a coalition have failed meaning a second election looms and sending the euro sliding. As Bloomberg reports, talks on forming German Chancellor Angela Merkel’s next government collapsed, throwing the...

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“We Can’t Welcome All The World’s Poor” – Macron Unveils Crackdown On Criminal Illegal Aliens

Two years after the European Commission carried out the bidding of German Chancellor Angela Merkel by approving a plan to distribute migrants entering the Schengen area through Greece and Italy evenly across the European Union, the people of Europe have made their displeasure with Merkel’s “open door” policy abundantly clear. Last month, Merkel’s Christian Democratic Union suffered its most embarrassing showing in a federal election in decades, allowing a far-right,...

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