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UK Prime Minister “Our Plan to Cut Debt is Failing”; Plans to Cut Debt Fail Nearly Everywhere; One Success Story

Posted in Hot News on 22nd November 2011
Plans to cut debt have failed nearly everywhere I appear. Greece is clear enough and a government collapsed above it. Spain is obvious sufficient and a government ...Read More

Home sales hint at recovery after deep slump

Posted in Economy on 22nd December 2011
WASHINGTON | Wed Dec 21, 2011 10:07am EST WASHINGTON (Reuters) – Sales of previously owned homes surged in November, but revisions to data for the last four ...Read More

Spain’s Unemployment “Unexpectedly” Rises to 21.52%; Expect Market Focus to Shift from Greece to Portugal, Spain, Italy

Posted in Hot News on 29th October 2011
With news of a “voluntary” haircut on Greek bonds of 50%, it is time to appear ahead to the subsequent big difficulty spots. By measure of 10-Year ...Read More

Princess Merkozy Kisses Frog, Turns into Hopelessly Indebted Club Med Prince; Berlin Ready to See Stronger ‘Firewall’

Posted in Hot News on 23rd January 2012
Steen Jakobsen, chief economist for Saxo financial institution in Denmark, pinged me with an intriguing set of feedback this morning. Please think about the tale of the ...Read More

Irish Prime Minister Begs EU for Debt Relief in Disgraceful Performance

Posted in Hot News on 24th November 2011
Ambrose Evans-Pritchard is back on track with Ireland demands debt relief, warns on EU treaties The Irish government has suddenly difficult the image by requesting debt relief ...Read More