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Themis
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The rapidly failing EU - Alasdair Macleod - Goldmoney

I always look forward to MacLeod's articles. They are thoughtful, balanced and his opinions are well-supported. Thank you.

Commented 1310 days ago

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Beginning of the headline :It is not widely realised that the EU concept is on its last legs. The bureaucratic inefficiencies and bad leadership were fully exposed last week over the inability of the EU to distribute vaccines and the attempts to blame everyone else. But a larger problem is hidden in the euro structure, comprised of banking and TARGET2 settlement systems.This article discusses the precarious financial position of the commercial banks and the gaming of the TARGET2 system by national regulators to hide bad d... Read More

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