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…
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…
Euro Bond Will Seal Europe’s Fate
Jeff Nielson
11/25/11 – 02:07 PM EST
The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news covera…
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…
Sep 15, 2011
Europe – into the end game
By Chan Akya
A few years ago, one of the usual suspects on my e-mail group sent a series of photographs detailing “idiots” who had been called over to help pull a car out of the water. Presumably, the car dri…
IMF slashes U.S. GDP forecast: report
On Monday August 29, 2011, 10:56 am EDT
ROME (Reuters) – The International Monetary Fund has slashed its growth forecasts for the United States and says the Federal Reserve and the European Central Bank must be r…
continuation of the Ponzi requires debt markets to continue growing without limits …. who is gonna buy all this new and roll-over debt that needs to find a home? no guidance from the Bernank re: QE3 as it might cause a waterfall decline in debt marke…
some excerpts from his Feb 2011 newsletter:
When a heavily indebted nation pursues the ZLB to avoid painful restructuring within its debt markets (household, corporate, and/or government debt), the ZLB facilitates a pursuit of aggressive Keynesianism…
Damning evidence of what is going on with bailouts is around the 1 minute mark of this short video from Alan Kohler.
Compares the market’s response to the Greek bailout on their debt spreads pre and post bailout and the implication of what to expect f…