Jul 302015
 
 July 30, 2015  Posted by at 9:41 am Finance Tagged with: , , , , , , ,  3 Responses »
Debt Rattle July 30 2015

• The Great Reset – Act II (Russell Napier) • Treason Charges: What Lurks Behind The Bizarre Allegations (Varoufakis) • This Is A Recipe For A European Civil War (AEP) • The Defeat Of Europe (Yanis Varoufakis) • If Varoufakis Is Charged With Treason, Then Dijsselbloem Should Be As Well (ZH) • In Defence Of Yanis Varoufakis (El-Erian) • Yanis Varoufakis Is Being Pilloried For Doing What Had To Be Done (Legrain) • After Greece, Everyone Will Want A Plan

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Jul 292015
 
 July 29, 2015  Posted by at 9:34 am Finance Tagged with: , , , , , , , , , ,  4 Responses »
Debt Rattle July 29 2015

• Varoufakis Faces Criminal Prosecution Over ‘Plan B’ Currency Plot (Telegraph) • Greek Supreme Court Prosecutor Takes Action Over Varoufakis Affair (Kath.) • One Veteran FX Trader: ‘Greece Is Playing It Correctly’ (Zero Hedge) • Why Greece’s Lenders Need to Suffer (NYT Magazine) • Something Is Rotten In The Eurozone Kingdom (Yanis Varoufakis) • Fed Expected To Push Ahead With Rate Hike Plan (Reuters) • “Fed Rate Hike Would ‘Crush’ US Housing” (CNBC) • How Long Can China’s ‘Rescue Squad’

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Jul 282015
 
 July 28, 2015  Posted by at 6:38 pm Finance Tagged with: , , , , , , , ,  6 Responses »
What Happens When Economists Talk Politics

As the “Varoufakis Files” provide everyone interested in the Greek tragi-comedy with an additional million pages of intriguing fodder -we all really needed that added layer of murky conspiracy, re: the Watergate tapes-, a different question has been playing in my head. Again. That is: Why are economists discussing politics? Why are the now 6 month long Greece vs Troika discussions being conducted by the people who conduct them? All parties involved are apparently free to send to the table

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Jul 282015
 
Debt Rattle July 28 2015

• Weakness in Asia Batters Currencies Abroad (WSJ) • Wealth Doesn’t Trickle Down, It Just Floods Offshore -$32 Trillion (Guardian) • Hong Kong Is Feeling China’s Pain (Bloomberg) • The Good News in China’s Stock Plunge (Pesek) • How Much Worse Can the Junk-Bond Sell-Off Get? (WolfStreet) • The Few Who Won’t Say ‘Sorry’ for Financial Crisis (Ritholtz) • Varoufakis Unplugged: The London Call Transcript (FT) • Statement on the FinMin’s Plan B Working Group (Yanis Varoufakis’ office) • Varoufakis:

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Jul 272015
 
 July 27, 2015  Posted by at 10:19 am Finance Tagged with: , , , , , , , , ,  4 Responses »
Debt Rattle July 27 2015

• China Stocks Suffer Biggest One-Day Loss In Eight Years (Reuters) • China Stocks Post Biggest Plunge Since 2007 (Bloomberg) • Varoufakis Reveals Cloak And Dagger Greece ‘Plan B’, Awaits Treason Charges (AEP) • Tsipras Under Pressure Over Covert Syriza Drachma Plan Reports (Reuters) • Greece Rocked By Alleged Secret Plan To Raid Banks For Drachma Return (Guardian) • The Politics of Coercion in Greece (Zoe Konstantopoulou, Speaker) • The Make Believe World Of Eurozone Rules (Wolfgang Münchau) • Capitalism,

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Jul 272015
 
 July 27, 2015  Posted by at 7:06 am Finance Tagged with: , , , , , ,  7 Responses »
Indicting Varoufakis: The World Upside Down

There’s always a great irony in anyone at all coming under pressure for doing exactly what they should be doing. Still, it happens a lot. The irony gets that much greater when the party in question is a government, and a much maligned one at that. Of course Syriza had to look into options, possibilities, eventualities if ever the moment might come that Greece had to (were forced to) move beyond the euro. They would have been entirely in fault,

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Jul 262015
 
Debt Rattle July 26 2015

• The Last Bubble Standing – Amazon’s Same Day Trip Through The Casino (Stockman) • Europe Braces Itself For Revolutionary Leftist Backlash After Greece (Telegraph) • Varoufakis – A New Kind Of Politics? (Paul Tyson) • Varoufakis Claims He Had Approval To Plan Parallel Banking System (Kathimerini) • Greece, The Sacrificial Lamb (Joe Stiglitz) • Depression’s Advocates (J. Bradford DeLong) • The Latest Rising Greek Political Star Who Says No To Austerity (HuffPo) • How the Euro Turned Into a

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Jul 262015
 
 July 26, 2015  Posted by at 8:57 am Finance Tagged with: , , , , ,  16 Responses »
The Number One Lesson From Athens

There’s arguably nothing that’s been more hurtful -in more ways than one- to Greece and its Syriza government over the past six months, than the lack of support from the rest of Europe. And it’s not just the complete lack of support from other governments -that might have been expected-, but more than that the all but complete and deafening silence on the part of individuals and organizations, including political parties. It’s no hyperbole to state that without their loud

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Jul 252015
 
 July 25, 2015  Posted by at 9:09 am Finance Tagged with: , , , , , , ,  5 Responses »
Debt Rattle July 25 2015

• Emerging Market Currencies Fall to Record Low in ‘Violent’ Selloff (Bloomberg) • Emerging Market Currencies Crash On Fed Fears And China Slump (AEP) • China’s Global Ambitions, With Loans and Strings Attached (NY Times) • How China Can Create the $68 Trillion Consumer Economy (Bloomberg) • The Eurasian Big Bang – China, Russia Run Rings Around Washington (Pepe Escobar) • How Tsipras and Syriza Outmaneuvered Merkel and the Eurocrats (Slavoj Zizek) • Europe’s Civil War (Slaughter) • Greek Bonds

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Jul 242015
 
 July 24, 2015  Posted by at 8:48 am Finance Tagged with: , , , , , , , , , , ,  3 Responses »
Debt Rattle July 24 2015

• Why The Casino Is In For A Rude Awakening, Part I (David Stockman) • Gold Is In Its Worst Slump Since 1996 (CNN) • Cheap Money Is Here to Stay (Pesek) • A 50% Stock Market Plunge Would Not Be A Surprise (Blodget) • Forced Austerity Will Take Greece Back 65 Years (Jim Fouras) • Greece Braces For Troika’s Return To Athens (Guardian) • Italy’s Plan B For An Exit From The Euro (Beppe Grillo) • Beppe Grillo Wants

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