Off by 2%.
Comments »FLASH: ITALIAN 10 YR YIELDS HIT 6.36%
In the Old Days Spying and Stealing Meant War
A New Grecian Formula: Drop Plans of a Referendum
Papandreou told his cabinet that he would drop plans for the referendum as democracy is not worth getting screwed in the ass by Merkel while Sarkozy watches with video recorder in hand.
Comments »The ECB is Talking About Letting Greece Go
A 6 Month Look at French 10 Year Yields
Italian and Spanish Yields Sustain High Levels Despite Surging Equities
Italian yields are flat at 6.19% and Spanish yields are up 0.5% to 5.5%.
Despite the risk on mood in equities, the bond markets say otherwise.
Comments »Mario Draghi Steps Up to the Plate With a Bang
Draghi is currently giving a press conference; he is talking about sovereign debt spillover into the real economy and that inflation is subdued.
This implies he will be much more proactive then the former piece of furniture Trichet.
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The People of China Have Spoken; No European Bailout
The Chinese government faces serious backlash if they help out Europe b4 taking care of China’s problems first.
Comments »French and German 10 Year Yield Spread Hits its Widest Margin Since 1999
China Tightening Has Hurt The Real Economy and Raw Materials
A tug of war between inflation and deflation is being waged by serving ones own interests.
Comments »Prime Minister Papandreou’s Absurd Press Conference (VIDEO)
FLASH: All Funding to Greece is Halted Until the Referendum Takes Place
If The Greek Referendum is a No Vote Then G20 and ECB Will Let Greece Go Bankrupt
Whispers from the G20 meeting is that Greece will be allowed to go bankrupt if there is a no vote from referendum.
Comments »Should Greece Go the Way of Iceland ?
Iceland stands as an example that the ECB, IMF, and other lending institutions would rather forget as they can not impose austerity and buy public works, corporations, and revenue generators for pennies on the dollar.
Comments »There’s a Bad Moon on the Rise
A study finds that events of magnitude are rising in temp since 2007.
[youtube://http://www.youtube.com/watch?v=5BmEGm-mraE 450 300] Comments »
