Europe’s Debt Crisis
Europe’s debt deal is falling flat
By Aaron Smith@CNNMoneyMarketsDecember 15, 2011: 7:52 AM ET
Germany’s Angela Merkel is trying to instill Teutonic-style fiscal responsiblity throughout Europe, but bonds, stocks and the euro ar…
Bloomberg
Un-Fing-believable… These guys just never lose, never pay for their crimes and risky wagers, and never do a damned productive thing.
Excerpt:
“As regards private-sector involvement, we have made a major change in our doctrine: from no…
To stop spiraling euro crisis, Germany must move quickly
December 06, 2011
ONE WAY or another, Germany and other wealthy economies in the euro zone will have to bail out the weaker ones. And if Chancellor Angela Merkel of Germany wants Europe’s co…
With fiscal time bombs ticking in both Europe and the United States, the pertinent question for now seems to be which will explode first. For much of the past few months it looked as if Europe was set to blow. But Angela Merkel’s refusal to suppo…
On the bright side, stocks could’ve done a whole lot worse given the persistent deterioration in Europe. First, the scoreboard:
Dow: -25.6 pts, -0.2%
S&P 500: -3.1 pts, -0.3%
NASDAQ: -18.5 pts, -0.8%
And now, the top stories:
After being closed f…
Tech|11/15/2011 @ 8:00AM
Wall Street Still Thinks Germany Is Bluffing
The current bond market havoc in Mediterranean countries is only compatible with S&P at 1,250 if you believe that the European debt market is simply wrong about Italy and Spain. Ei…
Crisis contagion spreading to the core
Reuters Nov 15, 2011 – 8:25 AM ET | Last Updated: Nov 15, 2011 8:27 AM ET
LONDON — Contagion from the eurozone debt crisis spread on Tuesday with top-rated issuers’ premiums over safe-haven Germany hitting…
Chance of 2012 U.S. recession tops 50 percent: Fed paper
Reuters – 45 minutes ago.. .
(Reuters) – The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research …
Regime Change in Europe: Do Greece and Italy Amount to a Bankers’ Coup?
By Stephan Faris Friday, Nov. 11, 2011
The voice of the people isn’t something the markets seem to want to hear these days. First…
Europe Might Have Blown Last Chance to End Its Crisis: View
By the Editors Oct 30, 2011 7:00 PM ET 26
After an initial bounce, markets demonstrated a lack of confidence in Europe’s resolve to protect solvent governments from the financial malaise a…
