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"As Ye Sow..."

Our deranged world is a product of deranged minds...

Fight Among Greek Creditors Over "Explosive" Debt Sends Greek Bond Yields Soaring

Greek 2Y bond yields soared, approaching 10% for the first time since September 2016, as an increasingly bitter fight between the nation’s creditors over its fiscal targets raised concerns it is running out of time to complete yet another review of its bailout program, and even sparked concerns a 4th Greek bailout may be in the offing.

Shock Poll Shows Merkel Losing Chancellorship If Elections Held Today; JPMorgan Stunned

This afternoon, a new opinion poll from INSA showed the SPD gaining further support and overtaking the CDU/CSU for the first time in many years. If elections were held now, the INSA poll suggests that the CDU would get 30% of the vote, while the SPD would get 31%. This means that Schulz would enter any coalition talks as the leader of the largest party, hence becoming Chancellor.

German Default Risk Spikes To Highest Since Brexit As Merkel Lead Plunges To Multi-Year Low

Germany’s Social Democrats narrowed the gap with Chancellor Angela Merkel’s bloc to the closest in more than four years, reinforcing a poll bounce after they chose outsider Martin Schulz to challenge Europe’s longest-serving leader. As Bild reports, the 6-point surge in opposition support was the biggest ever recorded for the party... and may explain why German sovereign risk spiked to its highest since Brexit.

Why Those Student Loans Aren't Getting Paid Off

Student loan money is so easy to come by that the students aren't even bothering to see if their degree program has the potential of providing relative ease in repaying loans. Student loans should be priced according to major.

The Uncanny Similarities Between President Trump And FDR

The first observation that really struck me is how much Trump genuinely cares about “the little guy”. FDR was just as sincere about helping all the millions of hungry, homeless and jobless Americans, during the Great Depression. The US had to wait eight years after the Great Financial Crash of 2008, also known as the Great Middle Class Gang Bang, for populist Trump to ride to the rescue.