Archive - Apr 21, 2012 - Blog entry
“Drachma Clauses”: Planning for Greece’s Exit from the Eurozone
Submitted by testosteronepit on 04/21/2012 22:40 -0500“Solidarity of the union has its limits,” said even soft-spoken Jens Weidmann, President of the Bundesbank
Adlerconobot Takes On Conomists' Consensual Sexpectations
Submitted by ilene on 04/21/2012 20:21 -0500One of the biggest games in the Wall Street farce is the game of Beat the Number.
Is Credit Trying to Tell Us Something?
Submitted by CrownThomas on 04/21/2012 19:54 -0500As retirement is evidently on again in 2012, let's not forget to keep an eye on HYG
Spain is About to Enter a Full-Scale Collapse
Submitted by Phoenix Capital Research on 04/21/2012 17:02 -0500
With Spain today, we have a virtually unregulated banking system sitting atop HALF of ALL Spanish mortgages after a housing bubble that makes the one that happened in the US look like a small bump.
The Poop On Groupon
Submitted by Tim Knight from Slope of Hope on 04/21/2012 14:25 -0500
Only half a year ago, Groupon was the talk of the town. It was the biggest, hottest IPO on the horizon,and it was the darling of the social media industry. Imitators were everywhere, but there was one giant that was far ahead of everyone else: Groupon.
Well, one glance at a stock chart will show you just how much the biggest, hottest IPO has been embraced since it went public. I offer you the following
Is Exim going to flop?
Submitted by Bruce Krasting on 04/21/2012 13:47 -0500Another political bump in the road?
The Gods of the Copybook Headings: Haven't We Learned Our Lesson Yet?
Submitted by CrownThomas on 04/21/2012 11:51 -0500
As it will be in the future, it was at the birth of Man —
There are only four things certain since Social Progress began: —
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire;
The European Political Games Have Hit the Point of No Return
Submitted by Phoenix Capital Research on 04/21/2012 10:20 -0500Germany’s campaign for austerity in the EU is about to lose its biggest ally. How exactly this will play out is unclear, but it will not be conducive to the Euro lasting in its current form much longer: aside from the fact that the EU banking system is on the verge of collapse and Spain (a country too large to bailout) has now stepped to the center stage of the EU crisis, Germany is finding itself increasingly alone in its moves to rein in the ECB’s monetary profligacy.
Dutch Budget Negotiations Fail, Elections Likely
Submitted by undertheradar on 04/21/2012 08:50 -0500Just a little snippet. Geert Wilders has walked away from the negotiations this afternoon. It may be about a purchasing power reduction for the lowest income class of one percent. This is what the rich fumblers at the CPB have calculated and is considered quite reasonable by some. Of course, the CPB has been wrong on occasion. The SP would like to see elections as quickly as possible, while the PvdA would like to have a debate in the house. Updates posted here as I have the time to add them.
