Category Archives: financial crisis

Dutch disease

Posted on 14 June, 2012 by

In the UK Telegraph Ambrose Evans-Pritchard does the Netherlands in a way we don’t hear even from our own commentators: As if matters were not bad enough already in Euroland: Dutch retail sales collapsed by 11pc in April, even worse … Continue reading →

Posted in EUnion, financial crisis | Tagged , , , | Leave a comment

100%

Posted on 8 January, 2012 by

In the Netherlands the current economic crisis is most acutely felt by those trying to sell their house: Nobody’s buying. This is not a huge surprise, given the governments measures to curb mortgage lending (no more mortgages of 120% of … Continue reading →

Posted in economy, financial crisis, the netherlands | 4 Comments

That Belgian bank

Posted on 10 October, 2011 by

Over on ZeroHedge somebody is seriously flabbergasted about the financial sink-hole Dexia and Belgium have got themselves into. For starters, Dexia had 566 billion euros in debt and 19 billion euros in equity as of the end of 2010. Right … Continue reading →

Posted in economy, euro crisis, financial crisis | Leave a comment

Your Sunday read(s)

Posted on 9 October, 2011 by

For the second time in as many weeks I’ve come across a post highlighting an aspect of the current global economic crisis that is worrying and potentially very dangerous. Golem XIV has a post up entitled Democracy or the Banks … Continue reading →

Posted in democracy, economy, euro crisis, europe, financial crisis, freedom | 3 Comments

Breaking: Greece

Posted on 27 September, 2011 by

Via Zerohedge we get the Financial Times breaking news that Greece is broker then broke and the bail-out package agreed last July 21 may have to be broken open and renegotiated. A split has opened in the eurozone over the … Continue reading →

Posted in EUnion, euro crisis, financial crisis | 1 Comment

Lost faith

Posted on 26 September, 2011 by

Via His Grace (and do read the comments), we get a independent trader telling the BBC an unexpectedly frank bit of unvarnished truth. The reaction of the BBC staff at the end of that item is worth the price of … Continue reading →

Posted in cultural marxism, economy, EUnion, europe, financial crisis, politics, the netherlands | 6 Comments

Storm heading our way

Posted on 20 September, 2011 by

Today is Prinsjesdag, the Dutch version of Budget day. It is the day on which the reigning monarch of the Netherlands (currently Queen Beatrix) addresses a joint session of the Dutch Senate and House of Representatives in the Ridderzaal or … Continue reading →

Posted in economy, financial crisis, the netherlands | 5 Comments

Not a little fishy

Posted on 16 September, 2011 by

So yesterday Dutch Second Chamber moved that Finance minister Jan Kees de Jager (CDA) should lay out all scenarios for the euro-crisis considered by the ministry. The letter sent to second Chamber, however, does not contain any scenario being prepared, … Continue reading →

Posted in economy, EUnion, financial crisis | 2 Comments

Ready for the fall

Posted on 13 September, 2011 by

After the Germans now the Dutch banks are admitting to making preparations (NL) for a Greek default. The Dutch financial sector is increasingly preparing for a bankruptcy of Greece. Scenarios are taken off the shelve and risks are being discussed. … Continue reading →

Posted in financial crisis, the netherlands | 2 Comments

Very cross

Posted on 10 September, 2011 by

In the Financial Times an article telling the world that if there’s a people even more frustrated with the EUnions management of the euro-crisis then the Germans, it is the Dutch. [The Dutch] are founder members of the EU, a … Continue reading →

Posted in EUnion, financial crisis, the netherlands | 1 Comment