Perhaps the question should be: What country WON’T be hit by a debt crisis??
Debt Crisis Will Hit Japan Next, Then US: Historian
Published: Wednesday, 13 Oct 2010 | 4:45 AM ET
Europe’s sovereign debt crisis isn’t over and will continue to sp…
Wonder if this is just the beginning of a trend in which folks who have lost their homes to foreclosure will break into those homes and reclaim the place as their own……..By the way, police did show up at the home, but did nothing to make the family…
Gold finally moving in EUR & SEK is significant I think, but it has yet to break above the Sep. short term high in either.
Fib projection target in $USD now 1445.9, with a probable shakeout at the halfway marker, or just shy of 1400.
Note how gold is…
“To put it crudely, the US wants to inflate the rest of the world, while the latter is trying to deflate the US. The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create. What needs to be discus…
Interesting piece in the U.K. Telegraph, exploring how the high unemployment in the U.S. is impacting the global economy…
Jobless America threatens to bring us all down with it
A depression may have been averted, but nothing has been fix…
Not sure why Gasparino would slam Roubini…..
Gasparino vs Roubini
October 11, 2010
Charlie Gasparino takes a swing at Nouriel Roubini today; I’m not sure why, beyond general unhappiness at the fact that Nouriel still g…
October 12, 2010
N.Y. Faces $200 Billion in Retiree Health Costs
By MARY WILLIAMS WALSH
The cities, counties and authorities of New York have promised more than $200 billion worth of health benefits to their retirees while setting aside almost nothing…
http://www.hoisingtonmgt.com/pdf/HIM2010Q3NP.pdf
(apologies…I just like these guys)
October 12, 2010
Across the U.S., Long Recovery Looks Like Recession
By MICHAEL POWELL and MOTOKO RICH
This is not what a recovery is supposed to look like.
In Atlanta, the Bank of America tower, the tallest in the Southeast, is nearly a fifth vacan…
Seems the bond market is the last to know.
http://www.leap2020.eu/GEAB-N-47-is-available-The-Global-systemic-crisis-Spring-
2011-Welcome-to-the-United-States-of-Austerity-Towards-a-very_a5168.html
Thus, coming out of the political upheavals of the U…
