Finland

"The European Project Was Always Bound To Fail" - Europe Without The Union

Any project attempting to fuse these disparate cultures into one monolithic state over the course of just 70 years was by its very nature doomed. It would inevitably encounter insurmountable levels of nationalistic resistance, and eventually the project would stall. That is the point at which we now find ourselves.

Stocks Squeeze Higher On "Super Tuesday" As Poor Macro Is Offset By Jack Lew's Soothing Words

With markets happy to put February in the history books because it marked the fourth consecutive monthly decline in global stocks, we move on to March 1st, which doubles down as 'Super Tuesday' in the US when Trump's presidential candidacy will almost certainly be sealed and a day in which stocks decided to join the super fun by super surging overnight on nothing but bad global macro and economic which however was promptly ignored and instead the focus was on ongoing central bank intervention and even more jawboning.

"There Is Definitely Something Strange Going On" In Sweden

"Some 92% of those unaccompanied migrants were male last year...  there is definitely something strange going on. More than half of the world’s refugees are women. In World War II, when Sweden took refugees from Finland, they were children and 90% were below the age of 10. But now almost all of them are late teenagers – supposedly; we know many are older for a fact... If you have an open door policy and you are incentivizing Afghans to take advantage of the system, can you really blame them?"

This "Stunning" Chart Shows How Quickly Europe's Refugee Crisis Is Accelerating

Earlier today, we reported that European officials are considering a two year Schengen suspension to help stem the inexorable flow of Mid-East migrants into Western Europe. To understand just how acute the problem is, consider the following chart from The Washington Post which shows how many more asylum seekers fled to Europe from January 1 through February 7 of this year compared to the number arriving from January 1 to February 28 of 2015.

Sweden Arrests 14 For Plotting To Attack Migrant House With Axes, Iron Pipes

On Tuesday, in the latest sign that Swedes are becoming increasingly fed up with their government’s policy on refugees, more than a dozen people were arrested for planning an attack on an asylum center. Apparently, the men were plotting to use “axes, knives, and iron pipes” against a refugee shelter in Nynashamn, which is located some 60 kilometres (37 miles) south of Stockholm.

Austria To Pay Migrants €500 To Go Back Where They Came From

Europe is having a decidedly difficult time coping with the influx of asylum seekers streaming into the bloc from the war-torn Mid-East. For its part, Austria has suspended Schengen and plans to deport 50,000 refugees. Fortunately, the country has a plan to boost "voluntary" repatriations.