Spiegel Online: The Destructive Power of Financial Markets
“Speculators are betting against the euro, banks are taking incalculable risks and the markets are in turmoil. Three years after the Lehman Brothers bankruptcy, the…
Worldwide
Economic Growth – is it possible?
A lot of debate currently going on reducing the deficit and it is being shown as a problem that is orthogonal to economic growth, which…
Update (Aug 18, 2011): Panic Hits World Financial Markets. Again.
5:00 PM Update: “Must read” articles on Fed getting Concerned about European bank liquidity problems. WSJ: Fed eyes European banks FT Alphaville: Should the New…
Morning Update: 2011-08-10
This can’t be good (another RED ALERT): The much awaited bounce from extremely oversold conditions has happened yesterday. I was going to say that it…
Morning Musings: 2011-08-09
Update 8/9/2011: Good morning. While I am educating myself this morning, I would like to share what I have been reading/watching: Yesterday’s 634 rout was…
Blog Roundup: Is France Next to Get a Downgrade?
Following Friday’s (Aug 5) downgrade of US credit rating, S&P is rumored to set France as its next downgrade target. France’s SocGen and UK’s Unicredit…
S & P Downgrades US Debt. Now What?
On Friday, Aug 5 2011 at 8:01 PM when all financial markets (ex ForEx) in all western countries have closed for trading, Standard and Poor’s…
Uh, Oh. This Can’t be Good, if True!
Sorry to spoil your morning. CNBC’s Larry Kudlow tweeted this last night. Bank runs in Italy. This cannot be good.
What Brings a Revolution? Can it Happen in US?
I began writing this piece In February 2011, during the revolution in Egypt. Everybody who is following the current turmoil in Greece or who had…
Lies are Lies – in English or in Greek
A little over a year ago the pronouncement that Greek was rescued from the brink was a big fat Greek lie. Anybody who paid a…
President OBAMA’s decission to go after Osama made in 2008 ?
This is getting ridiculous from the right wingers. They need a serious brain surgery that stops them to talk negatively about the whole Bin Laden…
Where is the Death Certificate?
It is amazing how liberals are going gaga over Obama for killing Bin Laden. Picture of the National Security team in the White House at…
Awe-striking and scary.
World Pins Hopes on Black Friday
How effective can a 90 sec satire can be? I say, very effective. These Taiwanese animation guys are simply brilliant. Look at this hilarious take…
This Would be Funny, if it Weren’t the Truth
Here is a very creative piece on Wall Street banks. This could be funny it it weren’t the truth. Well, done – nevertheless.