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China Tightens The Vise On Eurozone Bailout





And it was brutal. No more diplomatic niceties.

 
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Belgians Get Cold Feet as Bailout Queen Dexia Drags them toward the Abyss





Belgium's total exposure to its bank bailouts: 41% of GDP. But finally there is some resistance.

 
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The Corporate Tax-Dodge Code





Benefitting from two diametrically opposed systems.

 
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Prime-Ministerial Unpopularity Contest at the Edge of the Japanese Abyss





While all eyes are on Europe and its Greek farce, Japan is advancing at an inexorable pace...

 
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Suddenly, a Sharp Deterioration in the Job Market





The BLS better have some tricks up its statistical sleeve.

 
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That Giant Sucking Sound in California





President Obama was in town, fundraising.

 
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Ironic EU Begging Expedition to China





At least, Premier Wen Jiabao didn’t kick out the conniving scoundrels.

 
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Greece at the Point of no Return





"The European Union suffers under Germany” ruffled some feathers, but Greek reform rebellion gives Angela Merkel and others what they’ve been looking for: plausible deniability.

 
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Bait And Switch: California High-Speed Rail to Nowhere





A scandal before construction has even started.

 
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Now Even Greek Politicians Are Taking Cover





€65 billion—20% of GDP—have been yanked out of Greek bank accounts, and political positioning for the “afterwards” has begun....

 
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Broke California: Give Us The Facebook Manna Now





Out-of-money date is March 8. $3.3 billion must be dug up, pronto. Now all eyes are on the Facebook IPO. It will solve all budget problems forever—just like Google’s IPO had done.

 
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Facebook: The Value of Information in the Information Age





With IPO hype blowing like a maxed-out hairdryer into my face, I Googled ... Friendster

 
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