testosteronepit's blog
Afghanistan: "There Will Be Civil War"
Submitted by testosteronepit on 12/04/2011 15:32 -0500Classified documents surfaced in Germany that predicted a dire future for Afghanistan after the departure of NATO troops.
Japanese Micro-Steps Toward The End Of An Era
Submitted by testosteronepit on 11/29/2011 19:45 -0500“Japan’s economy is likely to continue to face a severe situation,” said the Governor of the BoJ. He blamed the euro crisis and the strong yen. Bland language, ugly meaning.
International Bribery Scandal Invades the ECB
Submitted by testosteronepit on 11/28/2011 21:10 -0500Ewald Nowotny, member of the ECB’s Governing Council and Governor of the Austrian National Bank is up to his neck in hot water.
The Consequences When Three Elements Collided
Submitted by testosteronepit on 11/25/2011 13:58 -0500Alabama immigration law, a Mercedes-Benz executive from Germany, and Republican bifurcation on illegal immigrants: the outcome was ... flip-flopping.
Buyers Of German Bonds Finally Pulled Out Their Calculators
Submitted by testosteronepit on 11/23/2011 18:43 -0500Disaster? Or first sign of rational thought....
Cutting The Deficit: They Won’t Because They Don’t Have To
Submitted by testosteronepit on 11/22/2011 17:59 -0500The emasculated credit markets watch nervously.
Euro Schizophrenia in Germany
Submitted by testosteronepit on 11/21/2011 18:01 -0500The impossible is happening: resistance to printing money is fading. Has Germany hawked its soul to save the euro?
Cancer-Causing X-Ray Security Scanners Are Banned
Submitted by testosteronepit on 11/18/2011 19:38 -0500Just in time to make you feel better about holiday travels: airport security scanners that use X-rays are acknowledged to cause cancer. No problem in the US; but now they’re banned in the EU.
European Bailout Fund For Greek Money Laundering And Fraud
Submitted by testosteronepit on 11/17/2011 19:51 -0500In October, the EFSF bailed out Proton Bank in Greece. Turns out, it had siphoned off $1 billion through criminal activity. Galling: the Bank of Greece knew of it before the bailout. And now, a bomb exploded...
The Next Step Towards The End Of The Euro
Submitted by testosteronepit on 11/15/2011 22:12 -0500The massive cornerstone of support for the euro—German exporters—just cracked: "We need a common market, not one currency.”
Greece's ‘Worst-Worst-Case-Scenario’
Submitted by testosteronepit on 11/13/2011 23:14 -0500Germany makes contingency plans to deal with the fallout from the debt crisis.
The Eurozone Turns Down Chinese Money And Quid Pro Quo
Submitted by testosteronepit on 11/11/2011 23:48 -0500China has a list of demands. German industry refuses to cede ground. People shudder at becoming dependent on money from the communist regime. Clearly, the debt crisis isn’t deep enough yet.
The Price of Hope in the Mayhem of US Manufacturing
Submitted by testosteronepit on 11/09/2011 23:10 -0500Toyota and Honda are planning to export U.S.-made vehicles to Korea. But to what banana-republic levels will the dollar and real wages have to sink before U.S. manufacturing is competitive with China?
Germany at Its Rubicon
Submitted by testosteronepit on 11/07/2011 21:49 -0500No country is economically more dependent on the euro than export powerhouse Germany. But now that the euro extravaganza slammed into a mountain of debt, Germany finds itself at war—with itself.
Greece's Extortion Racket Jumps To The Next Level
Submitted by testosteronepit on 11/04/2011 19:31 -0500The G-20 expected relaxed photo ops, handshakes, and fancy dinners, interrupted by rubber stamping the Grand Plan of bailing out Greece, bondholders, and banks. But then Papandreou fired his bazooka....
