Trow dem mellons awhey mon…(SIC; on the whole sentence)
Comments »Jim Rogers: US Has More Serious Problems Than Europe
The State of the Union in Charts
SEC Considering Legal Charges Against S&P
Civil action is being considered for their role in rating mortgages that helped to create the financial debacle of ’08 & ’09…
Full article
Comments »Occupy Wall Street Lunacy (VIDEO)
[youtube:http://www.youtube.com/watch?v=lqHzraTdZi0 603 500]
Comments »Hugh Hendry on the Sovereign Debt Crisis: “The problem is greater than the ability of the politicians to respond,”
Hugh has been spot on with his calls and now he states the problem is more than policy makers can deal with. Furthermore Greece, problem du jour, will have to solve the problem by “throwing the politicians out and rejecting the European ideal.”
Comments »The ECB Continues With Nothing as a Plan
Nothing significant came of this weekend. The ECB will try to convince the world that current funds are sufficient; that they need not to raise more capital.
Comments »Understanding the Exponential Function
Will Germany Keep Control of Neo Colonialism ?
This article and paper written shows why the Euro zone could break up faster than most think….
Comments »Chancellor Osborne Says the Euro Crisis Must Be Fixed in Six Weeks
In six weeks there will be another G20 meeting in France.
I say the ECB should have already fixed the problem.
Interesting read and commentary out of the U.K.
Comments »A Look at Derivative Risk
EU MAY Accelerate the ESM Fund
Bloomberg has obtained documents that describe the EU speeding up a fund called European Stability Mechanism.
Was not supposed to kick off until mid 2013, but sources are saying this will be discussed and possibly sped up to stem sovereign debt woes.
Comments »China’s Sub Prime Crisis Begins
Defaults have business owners fleeing property. A Chinese paper describes it as “their own sub-prime crisis”…
Comments »Greek Finance Ministers Discus the Possibility of Default With a 50% Haircut to Bond holders
The idea is now more publicly palatable within the media and public discussions.
Comments »German CDS Spread Blowout Has Now Put Germany on the List of Being a Credit Risk
EU Ministers Consider More Firepower On Debt Problems Given Global Equity Meltdown
Really they just noticed there was a problem in the market place.
Who hired the Euro trash ?
The New American Century Has Begun
FLASH: IMF Estimates European Credit Risk
*IMF SEES 300 BLN-EURO CREDIT RISK FOR EUROPE BANKS FROM CRISIS
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