Archive - 2010 - Blog entry
February 14th
Greek Fiscal Crisis to Neoliberal Oligarchy?
Submitted by Leo Kolivakis on 02/14/2010 10:50 -0500An informed view on the Greek fiscal crisis and a brilliant interview with Michael Hudson which exposes the reality on the global financial system and explains why we are sinking back into a new feudalism.
February 13th
Solvency and Liquidity - Two Different Numbers
Submitted by Bruce Krasting on 02/13/2010 18:31 -0500What's a difference of a Trillion dollars in Spain's reported External Debt mean? It changes the debate from solvency to liquidity. An important difference.
State of the Economy, Parts I, II, and III -- downloadable PDF version posted
Submitted by Econophile on 02/13/2010 14:37 -0500As promised, I have posted my State of the Economy article as one downloadable PDF. Here is the link.
A Conversation Between Econophile and Martin Wolf
Submitted by Econophile on 02/13/2010 00:51 -0500Here is a recent conversation (argument) that I, the not-famous Econophile, had with the famous Martin Wolf, the much lauded and highly awarded dean of economics writers and chief economics correspondent for the Financial Times. This time I take him on for what I thought was a pointless article about Germany and the Greeks. Win, lose, or draw?
February 12th
Canada Moral Hazard Corporation?
Submitted by Leo Kolivakis on 02/12/2010 22:13 -0500All eyes on the Vancouver games but there is a post-Olympics winter chill headed our way, and you'll be surprised to find out that all is not peachy in good old boring Canada...
When In An Inhospitable World Filled With Sharp Barbs, It Might Be Best To Act Like A Hedgehog
Submitted by George Washington on 02/12/2010 21:00 -0500Fiat currencies are looking a little ... thorny
China - The Mother of All Black Swans
Submitted by Vitaliy Katsenelson on 02/12/2010 19:00 -0500My presentation that explains that says: THIS TIME IS NO DIFFERENT – THE OVER-INVESTMENT BUBBLE
Leading Austrian Economist: Some Conspiracy Theories Are True
Submitted by George Washington on 02/12/2010 14:06 -0500If you respect Austrian economics, you might find this interesting ...
The Taubman Properties Q4-2009 Earnings Opinion: The CRE Trend Continues as Expected [
Submitted by Reggie Middleton on 02/12/2010 09:40 -0500Taubman's Q4 results were as to be expected, despite the rather upbeat spin that was attached to the announcement. This is essentially a barometer for the CRE industry...
Chicago & São Paulo Marry Futures
Submitted by Chopshop on 02/12/2010 09:05 -0500Brazil's BOVESPA and the Merc entered into a Memorandum of Understanding as Global Preferred Strategic Partners to jointly develop a new multi-asset class electronic trading platform, with capacity to process transactions in less than one millisecond for equities, derivatives, fixed income securities and other exchange-traded or OTC-traded assets. Based on technology derived from the CME Globex® trading system, this new platform will house all BVMF segments under the same infrastructure. [1] Cliffs Notes highlight of the press release in toto ~ [2] Daily & Weekly CME charts
Time to Invest in a State Sponsor of Terrorism
Submitted by madhedgefundtrader on 02/12/2010 09:00 -0500Ready to invest in a country whose leaders have stolen $400 billion in the last decade and have seen 300 foreign workers kidnapped? Another country lost four wars in the last 40 years. Still interested? How about a country that suffers one of the world’s highest AIDs rates, endures regular insurrections where all of the westerners get massacred, and racked up 5 million dead in a continuous civil war? Then Africa is the place for you! (AFK), (GAF)
The Pan-European Sovereign Debt Crisis: If I Were to Short Any Country, What Country Would That Be?
Submitted by Reggie Middleton on 02/12/2010 05:10 -0500The fates of many European countries are now inextricably tied by what appears to be a poorly conceived methodology of handling diverse political and economic entities under a single currency without a truly authoritarian governing body. Basically, it's the old American saying, "Too many Chiefs and not enough Indians". When I first started this series, a few pundits accused me of being sensationalist. It's funny how a few days can bring so many to your side of the table. Now it is becoming much clearer that this is more of a pan-European issue than a pan-Hellenic one.
State of the Economy Part III
Submitted by Econophile on 02/12/2010 02:16 -0500The final part (III) of Econophile's analysis of the economy in 2010. Today, "The Consequences" -- deleveraging, inflation/deflation, recovery, and what to expect in 2010.
Interview: China, Pfizer, Vodafone, Dow 10k; Travel (mis) Adventures and Lessons
Submitted by Vitaliy Katsenelson on 02/12/2010 00:28 -0500
http-equiv="content-type">
I did three segment interviews
with TechTicker on Yahoo Finance:
1 – The Case for Pfizer and
Vodafone
2 – China (My China
comments need slight clarification. The Chinese slowdown will
have a significant impact on the Chinese economy and commodity-centered
economies, e.g., Russia; but I don’t believe it will tank the
world economy.)
3 –
Used to Dow 10,000
Refuse to Pay Government Debt Incurred for Unlawful and Oppressive Purposes ... It Is the Personal Debt of Those Who Ordered It to Be Incurred
Submitted by George Washington on 02/12/2010 00:16 -0500Bush, Cheney, Paulson, Geithner and others who ordered that these debts be incurred must be held personally liable for them. We the American people are not responsible to creditors - such as China, Saudi Arabia - who have knowingly financed these illegal and oppressive activities which have not benefited the American people, but solely the handful of corrupt politicians who authorized them ...
