Archive - Aug 9, 2012 - Blog entry

George Washington's picture

America’s Great 2012 Drought





As Bad as During the 1930s Dust Bowl?

 

Phoenix Capital Research's picture

What the ECB Can Actually Do... Not Much





So there is literally NO option that could save Europe at this point. We can get verbal interventions and symbolic gestures (such as Draghi's "bazooka" threat), but the fact of the matter is that the capital needed to prop up Europe simply doesn't exist in the EU or anywhere else for that matter.

 

AVFMS's picture

09 Aug 2012 – “ Beautiful Days " (Venus, 2003)





ECB to EU governments: “Guys, we won’t fly solo…”

Bond Market to ECB “Show me the money!”

Equity market “Someone said Money? Buy!”

 

rcwhalen's picture

Chautauqua Notes | Ethical Challenges of Finally Fixing the Financial Crisis: Fair Deals vs. New Deals





From the perspective of ethics, the fiscal profligacy of the US government and related behavior in the private sector is the cause of the financial crisis

 
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