Archive - Jul 24, 2012 - Blog entry

George Washington's picture

Tony Blair: Don’t Hang Bankers





Why Is Everyone Suddenly Talking about Hanging Bankers?

 

Phoenix Capital Research's picture

The Global Financial System Can and Will Collapse Thanks to Europe... Are You Prepared?





 

According to the IMF’s “official” analysis, EU banks as a whole are leveraged at 26 to 1. I would argue that in reality many of them are well north of 30 to 1 and possibly even up to 50 or 100 to 1. The reason I can claim this with relative certainty is because the EU housing bubbles dwarfed that of the US. In the chart below the US housing bubble is the lowest line. After it comes Britain (blue) and Italy (orange) then Ireland (green) and finally Spain (dark blue).

 
 

thetrader's picture

The disaster of young people in Spain





Lost generation of Spain.

 

Bruce Krasting's picture

On Rats





A tax collector rant.

 

williambanzai7's picture

THe ZeRo HeDGe CoMMeNT CYCLe





Start...

 
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