• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

One Minute Macro Summary: Perfect Time For A Summit

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Thu, 03/24/2011 - 08:12 | 1094464 Thomas
Thomas's picture

Not about bailing out Portugal, just Eurobanks.

Thu, 03/24/2011 - 08:18 | 1094487 SilverIsKing
SilverIsKing's picture

"The BOJ said today that the efforts involved in the earthquake rebuilding may overcome the GDP contraction associated with the original damage."

Great News!  Let's have another earthquake!  All in favor say 'aye'.

Thu, 03/24/2011 - 09:20 | 1094738 snowball777
snowball777's picture

'Focus' on rates all you want you slant-eyed fuckwits; you've got next to no wiggle room!

http://www.boj.or.jp/en/statistics/dl/depo/tento/te110324.htm/

 

Thu, 03/24/2011 - 08:19 | 1094491 trendybull459
trendybull459's picture

The World is gone under the water,so,the last submarine and big ship left hanging thoose who left,the newspaper on submarine issue statement:Regardless Armagedon Cataclism happend with all world population,we are very bullish on ourselfs and markets futures,Vivat FED which succeed in bringing humanity under the water,Positive,Positive,Positive...

Then had follow strong shoot which made explode submarine and ship,the Russian Spece craft came from nowhere:"Bastards,it was not enough you sent all our bears to be sharks under water,you still continue the same software lowaded into your programm Bully Gulli,now shut up and enjoi piecfull rest!" Babah,tararah---bulbs,cratering water and Bear silence

"For now world people,you get get out of water and start new life,FED is diminished and flushed away"

Spaceship Odysey novel

Thu, 03/24/2011 - 08:32 | 1094529 TexDenim
TexDenim's picture

Portugal is all headlines but no substance. A single strong US bank could bail out all of Portugal in a heartbeat. It's Spain that's the issue, and Spain is a lot healthier than Portugal.

Thu, 03/24/2011 - 08:37 | 1094546 SilverIsKing
SilverIsKing's picture

"Portugal is all headlines but no substance. A single strong US bank could bail out all of Portugal in a heartbeat. It's Spain that's the issue, and Spain is a lot healthier than Portugal."

A single strong US bank?  Name one.

Thu, 03/24/2011 - 08:48 | 1094586 kaiten
kaiten's picture

FED?

Thu, 03/24/2011 - 08:49 | 1094594 TexDenim
TexDenim's picture

Touche!! That is the danger of hyperbole. I apologize. What I meant is that Portugal is very, very small, and the only reason we pay attention to it is because it is a sovereign state.

Thu, 03/24/2011 - 08:55 | 1094622 John Law Lives
John Law Lives's picture

Pure BS.  Spain's unemployment rate was over 20% at the end of 2010.

 

http://www.upi.com/Business_News/2011/01/28/Spains-unemployment-rate-abo...

Thu, 03/24/2011 - 08:46 | 1094578 99er
Thu, 03/24/2011 - 09:22 | 1094744 snowball777
snowball777's picture

99er, you are my true hopium dealer, and I love you, man. If it wasn't for your crayons, I would have covered by now.

Thu, 03/24/2011 - 09:22 | 1094745 disabledvet
disabledvet's picture

"Socrates has resigned."  Who do you give the money to?  The Lisbon dog catcher?  I hear he's "really busy right now...

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