Archive - Feb 2014
Explosions And Heavy Gunfire In Bangkok Ahead Of Elections
Submitted by Tyler Durden on 02/01/2014 09:41 -0500
17 years ago, the first major Emerging Market crisis started in Thailand, leading to the Russian default and the collapse of LTCM ushering in the era of Too Big To Fail. This time, all the world needed for the second major EM crisis, was for Ben Bernanke to announce he is giving global central planning a break (because one can be certain the Untaper will be right back on the agenda as soon as the S&P enters a bear market). Ironically, Thailand has largely been insulated from the EM decimation, even through it is now in as bad a political shape as it ever was, and one day ahead of the February 2 general elections things are getting from bad to worse. AFP reports that explosions and heavy gunfire rattled Bangkok Saturday as pro- and anti-government protesters clashed on the eve of controversial Thai elections seen as unlikely to end a cycle of violence in the kingdom after months of opposition rallies.
US Dollar Poised for Additional Gains
Submitted by Marc To Market on 02/01/2014 04:39 -0500Despite all the problems discussed here at ZH, the US dollar has is staging a come back. Read about where it may go in the period ahead.



