Archive - Jun 23, 2011 - Blog entry
THe DeBT CoLoSSuS
Submitted by williambanzai7 on 06/23/2011 22:20 -0500Why man, he doth bestride the insolvent world...
Like a Debt Colossus...
Big O and the IEA - WTF?
Submitted by Bruce Krasting on 06/23/2011 21:04 -0500I'm confused. Some questions.
Parts of Nebraska Nuclear Facility Already Under 2 Feet of Water ... But - So Far - Emergency Flood Walls Are Protecting Electrical Equipment
Submitted by George Washington on 06/23/2011 16:35 -0500What's happening in Nebraska?
Radioactive Dust From Japan Hit North America Days After Disaster ... But Governments "Lied" About Meltdowns and Radiation
Submitted by George Washington on 06/23/2011 15:05 -0500Cover up? What cover up?
VALUEx Vail 2011 – Thoughts from the conference
Submitted by Vitaliy Katsenelson on 06/23/2011 14:09 -0500At the core of VALUEx is that there are no star speakers, and all the content (i.e. presentations) of the conference are participant-generated.
A Blinking Idiot & the Banking System
Submitted by ilene on 06/23/2011 13:55 -0500In the end they cannot fulfill their purpose because the banking system is dead. This is Frankenstein’s monster.
Bernanke Just Admitted He's Lost Control of the Markets
Submitted by Phoenix Capital Research on 06/23/2011 10:38 -0500For 80+ years, the US financial system has operated under the belief that the Federal Reserve could handle any problem. This belief was put to the ultimate test in 2008 when the Fed faced off against the biggest Financial Crisis of the last 80 years. And the ONLY thing that kept us from the brink was the belief the Fed could fix things. It couldn’t. And we’re all beginning to see that now.
Betting The Farm On Hedge Funds?
Submitted by Leo Kolivakis on 06/23/2011 08:37 -0500A fascinating look at how US public pensions are betting their future on hedge funds...
MR BeN CaPTioN CoNTeST (We SeeM To HaVe a FRoNTRuNNeR)
Submitted by williambanzai7 on 06/23/2011 08:16 -0500I see we have lots of very very funny entries...but check out Liquid Courage's at the bottom. Maybe he'll put it on Conan.
Greece Is Europe: The Failure Of The Euro
Submitted by Econophile on 06/23/2011 01:38 -0500The eurozone is in serious trouble and Greece is just a symptom. Whether or not they default on their debt may not matter as similar problems plague Spain, Ireland, Portugal, and even Italy. The European Monetary Union is built on a house of cards and they don't have the time for needed radical reforms. Like all sovereigns who owe more than they can pay, they will resort to monetary inflation to bail themselves out. This article explains how the EMU works, why it is failing, and why they will resort to fiat money printing to solve it.
