Jan 302015
 
Debt Rattle January 30 2015

• Commodity Prices Collapse To Lowest In 12 Years (Telegraph) • Cheap Oil Burns $390 Billion Hole in Investors’ Pockets (Bloomberg) • China Shadow Banking Trusts Fuel Stocks With 28% Jump in Investment (Bloomberg) • Europe Stocks Head for Best January Since 1989 (Bloomberg) • Eurozone Slides Deeper Into Deflation (CNBC) • We Must Stop Angela Merkel’s Bullying Or Let Austerity Win (Guardian) • Lies, Damned Lies And Greece’s Debt Default (MarketWatch) • Greece Turns Left, Europe Goes Right (Bloomberg)

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Jan 292015
 
 January 29, 2015  Posted by at 6:49 pm Finance Tagged with: , , , , , , ,  5 Responses »
How Do You Solve A Problem Like Syriza?

First off, no, I don’t think Syriza is a problem, I just couldn’t resist the Sound of Music link once it popped into my head, as in ‘headlines you can sing’. I think Syriza may well be a solution, if it plays its cards right. But that still leaves politicians and investors denominating Tsipras et al as a problem, if not a menace. Now, investors may not need to possess any moral values – though things would probably have been

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Jan 292015
 
 January 29, 2015  Posted by at 11:52 am Finance Tagged with: , , , , , , , , ,  2 Responses »
Debt Rattle January 29 2015

• What The Oldest Stock Market Index Is Telling Us (MarketWatch) • I Am So Bearish, I Am Growing Fur! (MarketWatch) • The Euro Is Crashing Below Parity And Will Get Cheaper Still (MarketWatch) • Goldman Cuts Outlook For Whole Commodity Sector (CNBC) • Three Myths About Greece’s Enormous Debt Mountain (Telegraph) • Investors Have Woken Up To Greece’s Nuclear Risk (AEP) • Tsipras Aims to Avert Catastrophe But Greek Markets Sink Further (Bloomberg) • Greece Wants a Debt Break.

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Jan 282015
 
 January 28, 2015  Posted by at 11:24 am Finance Tagged with: , , , , , , , , ,  5 Responses »
Debt Rattle January 28 2015

• Why Europe Will Cave to Greece (Bloomberg) • Can Europe Resist Greek Demands For A Debt Haircut? (CNBC) • How Wall Street Squeezed Greece – And Germany (MarketWatch) • Five Things Syriza Wants To Change (BBC) • Greece’s Coming Clash in Europe Starts With Russia Sanctions (Bloomberg) • Greek Finance Minister Varoufakis: ‘End The Vicious Cycle’ (CNBC) • Greek PM Alexis Tsipras Unveils Cabinet Of Mavericks And Visionaries (Guardian) • Stiglitz: Germany’s The Problem, Not Greece (CNBC) • Germany’s

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Jan 272015
 
 January 27, 2015  Posted by at 11:47 am Finance Tagged with: , , , ,  5 Responses »
Debt Rattle January 27 2015

• Greece Debt Repayment In Full Is ‘Unrealistic’, Says Syriza (BBC) • Greece’s Crazy Leftists Have a Good Idea (Bloomberg Ed.) • Dawn Of A New Politics In Europe? (Steve Keen) • Profile: Greece’s New Finance Minister Yanis Varoufakis (Guardian) • Yanis Varoufakis: Greece’s New Finance Minister Is No Extremist (Telegraph) • EU Hunts Formula to Keep Greece in Euro After Tsipras Win (Bloomberg) • Church And State In Greece: A Courteous Distance (Economist) • The Lemmings of QE (Stephen

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Jan 262015
 
 January 26, 2015  Posted by at 11:35 pm Finance Tagged with: , , , ,  9 Responses »
It’s Not The Greeks Who Failed, It's The EU

In what universe is it a good thing to have over half of the young people in entire countries without work, without prospects, without a future? And then when they stand up and complain, threaten them with worse? How can that possibly be the best we can do? And how much worse would you like to make it? If a flood of suicides and miscarriages, plummeting birth rates and doctors turning tricks is not bad enough yet, what would be?

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Jan 262015
 
 January 26, 2015  Posted by at 11:33 am Finance Tagged with: , , , , , , ,  7 Responses »
Debt Rattle January 26 2015

• Tsipras Forges Anti-Austerity Coalition Within Hours Of Victory (Bloomberg) • Greece Shows What Happens When The Young Revolt Against Corrupt Elites (Guardian) • Anti-Austerity Syriza Leader Tsipras Vows To End ‘Pain and Humiliation’ (BBC) • ‘For Five Years Greece Has Been Like A Patient Slowly Bleeding’ (Guardian) • Syriza Faces ‘Uphill Battle’ In Coming Hours (CNBC) • Syriza’s Historic Win Puts Greece On Collision Course With Europe (Guardian) • Prices in Europe Continue to Sink, Showing Why Draghi Had

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Jan 252015
 
 January 25, 2015  Posted by at 1:51 pm Finance Tagged with: , , , , , , ,  3 Responses »
Debt Rattle January 25 2015

• It’s All The Greeks’ Fault (Steve Keen) • Is Greece About To Call Time On Five Punishing Years Of Austerity? (Observer) • Draghi’s QE Promise To Greece Depends On Debt-Market Math (Bloomberg) • Spain’s Rajoy on the Defensive as New Generation Seeks Power (Bloomberg) • 8 Ways ECB’s QE Will Hurt Everyone But The Wealthy (Zero Hedge) • Carney Warns Of Liquidity Storm As Global Currency System Turns Upside Down (AEP) • Devaluation And Discord As The World’s Currencies

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Jan 252015
 
 January 25, 2015  Posted by at 11:31 am Finance Tagged with: , , , , , , , ,  6 Responses »
Is This The Day Europe Gets Its Future Back?

With The Greek election in full motion, and first results perhaps 12 hours away, It would seem useful, no matter how the Greeks vote, to lay to rest a few misconceptions, and to expose a few ‘conceptions’ that have – largely – remained buried to date. The first misconception is that the Greeks borrowed like crazy and therefore deserve to be thrown into a pit of suffering and misery. It is simply nonsense, a mere political narrative. Besides, most of

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Jan 242015
 
 January 24, 2015  Posted by at 12:24 pm Finance Tagged with: , , , , , , ,  6 Responses »
Debt Rattle January 24 2015

• Ripped Off, Poor, Suicidal: The Greek Farmers Turning To Syriza (Channel4) • Syriza’s Rise Fueled by Professors-Turned-Politicians (WSJ) • Economist Vatikiotis: Syriza Proposals Don’t Go Far Enough for Greece (Truthout) • Tsipras Aims For Deal With Lenders By This Summer (Kathimerini) • German Finance Minister To Greece: We Support You (CNBC) • Nothing Is Going to Save the US Housing Market (A. Gary Shilling) • Central Banks Powerless To Prevent Steep Rise In Real Rates (Russell Napier) • Will

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