DB is the proverbial “canary in the coalmine” for Europe. Perched atop one of the largest derivatives books in Europe, DB has ties to most major financial institutions in the region.
Diving into some of most burning questions on gold, USD, the yen, China, and more
Some Headlines from Today
- Iksil has been betting the farm for years now
- JPM returns $600M in MF Global customer funds
- Romney worth $250M
- Obama wants you to go buy a thingamajig to stimulate the economy
- Manufacturing in the Euro Zone falls to a three year low
On a long enough timeline
- Rosie's Friday night chart porn
- The deer is back!
- Dow Jones tries on its red dress for 2012
- NFP takes a QE sized dump
- U.S. debt contracts soars
Happy Days are here again!
I like this. Might be useful were I to be unable to access newsflow for a day. Let's say I was hit by a truck or something and had to go to the hospital and get fixed up? Well then, that evening, once I return home, I could just have a look at the news wrap and it would be almost like I was never not there!
1.) Greece fell off the cliff. Greek banks are €21 billion away from a complete banking collapse.2.) The PIGS flue contagion spread to Spain.3.) Governments backstopped banks and told them to liquidate assets.4.) Global Markets got flooded.5.) Contagion spread..6.) Argentina running inflation at 23%+ imposed capital controls and said they won't revalue again. Really. Promiss not to ____ __ _____ ______ too.
This weekend either they’ll “print,” “bail” and “backstop” or Monday we’ll re-define global contagion (free-fall).
I'm guessing a thingamajig is something that you wear on your head that is huge and dayglow hunter's orange so the drones won't accidently confuse you for a militant here in the United States.
I've got your "thimagig" right here Debt Brother.
I call it GOLD in the vault.
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