Mar 062015
 
 March 6, 2015  Posted by at 12:20 pm Finance Tagged with: , , , , , , ,  No Responses »
Debt Rattle March 6 2015

• Dollar-Euro Parity A Matter Of When Not If (CNBC) • “Chinese Economic Activity Has Probably Slowed To Less Than 3%” (Zero Hedge) • Mario Draghi’s Yield of Dreams (WSJ) • Greece Seeks To Plug Its ‘Bermuda Triangle’ Of Lost Taxes (AFP) • Draghi Declares Victory for Bond-Buying Before It Starts (Bloomberg) • Nowhere But Down? Euro Reacts To QE (CNBC)

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Mar 062015
 
 March 6, 2015  Posted by at 4:57 am Finance Tagged with: , , , , , , , ,  5 Responses »
Ukraine, Neocons and Neonazis

See, by now you would think that anyone who reads that all 31 US banks that were tested have passed the Fed stress test, knows this says absolutely nothing about the banks, but all the more about the test. You would think. But the media try – and succeed – to cram it down the public’s throat as a success story anyway. There’s simply a very strong feeling, if not conviction, in the western media, that they’ve won the propaganda

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Mar 052015
 
 March 5, 2015  Posted by at 10:53 am Finance Tagged with: , , , , , , , ,  7 Responses »
Debt Rattle March 5 2015

• Liquidity Evaporates In China As ‘Fiscal Cliff’ Nears (AEP) • China Lowers Growth Target to About 7% as Headwinds Intensify (Bloomberg) • IMF Director Batista: Greek Bailout Was ‘To Save German & French Banks’ (KTG) • Why ECB Risks Running Out Of Ammunition (SocGen’s Olivier Garnier at FT) • Greece Struggles to Make Debt Math Work Amid Bailout Standoff (Bloomberg) • IMF Abdication On Greece (Peter Doyle) • Greek Officials Have Ruffled Feathers In Brussels Over Diplomatic Manners (AFP)

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Mar 042015
 
 March 4, 2015  Posted by at 11:50 am Finance Tagged with: , , , , , , ,  9 Responses »
A Day In The Life Of A Falling BRIC

It’s not that long ago, in 2001, that Jim O’Neill, then still with Goldman Sachs, coined the term BRICs, for the fast emerging markets of Brazil, Russia, India and China. O’Neill saw a global power shift from the west to these four nations happening. Fast forward to today, and we see Russia under multiple attacks, including economic ones, from the west, as India just announced the second rate cut this year and China is attempting controlled demolition of the possibly

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Mar 042015
 
 March 4, 2015  Posted by at 10:40 am Finance Tagged with: , , , , , , , , , ,  3 Responses »
Debt Rattle March 4 2015

• Only Mass Default Will End The World’s Addiction To Debt (Telegraph) • Eurozone Faces First Regional Bankruptcy In Austria’s Carinthia (AEP) • Shelby Says Fed Should Be Held Accountable for Its Actions (Bloomberg) • Yellen Says Fed Seeks to Avert ‘Capture’ by Banks It Oversees (Bloomberg) • Draghi’s Rescue Plan Has Created a $103 Billion Problem (Bloomberg) • ECB Glimpse of Cyprus Debt Mountain Shows Limits of Bank Cleanup (Bloomberg) • $2 Trillion Euro Government Bonds Trading At Negative

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Mar 032015
 
 March 3, 2015  Posted by at 10:53 am Finance Tagged with: , , , , , , , , , , ,  2 Responses »
Debt Rattle March 3 2015

• Heta Senior Bonds Plunge as Austria Cuts Off Aid to Bad Bank (Bloomberg) • The Great Global Monetary Easing of 2015 May Be Done by Midyear (Bloomberg) • Fed Ushers In A New Era Of Uncertainty On Rates (Hilsenrath at FT) • To Beat Austerity Greece Must Break Free From The Euro (Costas Lapavitsas) • Greece Eyes Last Central Bank Funds To Avert IMF Default (AEP) • Mixed Messages On Third Greek Bailout Talks (Reuters) • Greeks in the

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Mar 032015
 
 March 3, 2015  Posted by at 1:17 am Finance Tagged with: , , , , , ,  4 Responses »
Great Big Fat Greek Expectations

From what I read in the press every day, as well as from private communication, a pretty wide divide seems to appear between what many people think the Syriza government in Athens should do, and what they actually can do at this point in time. It should be useful to clarify what this divide consists of, and how it can be breached, if that is at all possible. In particular, many are of the opinion that Greece cannot escape its

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Mar 022015
 
 March 2, 2015  Posted by at 10:01 am Finance Tagged with: , , , , , , , , , ,  4 Responses »
Debt Rattle March 2 2015

• Austria On Track to Bail in Heta Creditors After Aid Stop (Bloomberg) • ‘What Is Desirable For The Eurozone May Not Be Feasible’ (Reuters) • David Stockman Warns ‘It’s One Of The Scariest Moments In History’ (Zero Hedge) • Are Central Banks Creating Deflation? (Zero Hedge) • Negative Yields: What Could Go Wrong? (CNBC) • Greek Debt Becoming Less Sustainable (Kathimerini) • German Finance Chief Schaeuble Softens Tough Tone Against Greece (Telegraph) • Greece Is Being Forced Into Purgatory

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Mar 012015
 
 March 1, 2015  Posted by at 12:58 pm Finance Tagged with: , , , , , , ,  4 Responses »
Debt Rattle March 1 2015

• Forget All Our Other Troubles – The Russians Are Coming! (Neil Clark) • What Is Money And How Is It Created? (Steve Keen) • Humiliated Greece Eyes Byzantine Pivot As Crisis Deepens (AEP) • Poll Surge For Alexis Tsipras’ Syriza As Greeks Learn To Smile Again (Guardian) • Greece’s Lenders Skeptical On New Bills But Focus On Funding Needs (Kathimerini) • Greece To Prioritize IMF Repayments But Wants Talks On ECB-held Bonds (AP) • Schäuble Softens Tone On Greece

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Feb 282015
 
 February 28, 2015  Posted by at 11:38 am Finance Tagged with: , , , , , , ,  4 Responses »
Debt Rattle February 28 2015

• Greece Seeks Negotiations On ECB Bond Repayment (Reuters) • Fed Won’t Be Predictable After Lifting Rates, Fischer Says (MarketWatch) • “Monetary Policy Is Bankrupt” Dr. Lacy Hunt Warns (Tavares via Zero Hedge) • Greek PM Alexis Tsipras Rules Out Third Bailout (BBC) • A Fierce Battle Looms (Alexis Papachelas via Kathimerini) • The Tortured Relationship between Schäuble and Varoufakis (Spiegel) • Homeland Security Shutdown Looms After House Fails To Approve Funding (Guardian) • Congress Avoids Homeland Security Shutdown With

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