Apr 182015
 
 April 18, 2015  Posted by at 10:06 am Finance Tagged with: , , , , , , , ,  2 Responses »
Debt Rattle April 18 2015

• US Is ‘World Leader’ In Child Poverty (Alternet) • ‘This Is Far From Over’, ‘We’re All Frogs In Boiling Water’ (Zero Hedge) • US Should Write Laws Of Global Economy, Not China – Obama (RT) • Greece’s Main Creditors Said to Be Unwilling to Allow Euro Exit (Bloomberg) • Let’s Face Reality, Greece Is Bankrupt: Marc Faber (CNBC) • Greek Crisis Comparable to Great Depression: Blanchflower (Bloomberg)

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Apr 172015
 
Debt Rattle April 17 2015

• The REAL Issue With a Grexit/Greek Default is Derivatives (Phoenix) • Grexit Dangers Mount: Yanis Varoufakis Warns Of ‘Liquidity Asphyxiation’ (AEP) • Germany: Has Any Country Ever Had It So Good? (Bloomberg) • Greece To Raid Coffers As IMF Dashes Hopes Of Resolving Crisis (Telegraph) • Greece Deal Appears Distant Amid Deadlock In Reform Talks (Kathimerini) • Finland: ‘Not As Bad As Greece, Yet, But It’s Only Matter Of Time’ (Guardian) • China’s Incredible Shrinking Factory (Reuters) • ‘Beijing

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Apr 172015
 
 April 17, 2015  Posted by at 12:48 am Finance Tagged with: , , , , , , , ,  3 Responses »
Is May 9 The Grexit Date?

Yes, more Greece, ever more Greece. Well, the focus is still very much there. It’s not the only topic, obviously, China warrants interest too, certainly with things like Tyler Durden quoting Cornerstone Macro as saying China’s true economic growth rate was just 1.6% in Q1 2015, not the official government number of 7%. Never trust anyone, especially a government, that consistently meets or beats its predictions. With housing prices falling the way they have, -6% or thereabouts, and over 70%

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Apr 162015
 
Debt Rattle April 16 2015

• Greece In ‘Slow-Death Scenario’ Amid Defaults Fears (CNBC) • IMF Knocks Greek Debt Rescheduling Hopes (FT) • The Endgame For Greece Has Arrived (Zero Hedge) • Why The Grexit Is Inevitable – How About May 9th? (Raas Consulting) • UBS Says Europe Risks Bank Runs On Grexit (Zero Hedge) • Fed’s Bullard Says Rate Hikes Are Needed For Coming ‘Boom’ (MarketWatch) • Warren Says Auto Lending Reminds Her Of Pre-Crisis Housing Days (MarketWatch) • 27% Of US Students Are

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Apr 152015
 
 April 15, 2015  Posted by at 9:28 am Finance Tagged with: , , , , , , , , , ,  2 Responses »
Debt Rattle April 15 2015

• China GDP Tumbles To Lowest In 6 Years Amid Dismal Data (Zero Hedge) • China Walks $264 Billion Tightrope as Margin Debt Powers Stocks (Bloomberg) • Hong Kong’s Peg to Instability (Pesek) • ‘Timebomb’ UK Economy To Explode After Election – Albert Edwards (Guardian) • IMF Fears ‘Cascade’ Of Woes As Fed Crunch Nears (AEP) • Prudential Chief Echoes Dimon Saying Liquidity Is Top Worry (Bloomberg) • Syriza Against the Machine (Tom Voulomanos) • Greek Finance Minister to Meet

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Apr 142015
 
 April 14, 2015  Posted by at 9:41 pm Finance Tagged with: , , , , , , , ,  4 Responses »
The Weak Suffer What They Must:  Yanis and the End of Europe

From southern Europe to the far north, matters are shifting, sometimes slowly, sometimes faster. There are moments when it seems all that goes on is the negotiations over the Greek dire financial situation and its bailout conditions, but even there nothing stands still. The Financial Times ran a story claiming Greece is about to default on is debt(s), and many a pundit jumped on that, but there was nothing new there. Of course they are considering such options, but they

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Apr 142015
 
 April 14, 2015  Posted by at 7:51 pm Finance Tagged with: , , , , , , , ,  3 Responses »
Debt Rattle April 14 2015

• The Shocker Crushing The Economy Revealed (Zero Hedge) • China’s Economy: Hard Landing Or Welcome Rebalancing? (Guardian) • The Risks Behind China’s Silk Road Growth Gamble (CNBC) • Citi Analysts Call The ‘End Of The Iron Age’ (CNBC) • Shale Oil Boom Could End in May After Price Collapse (Bloomberg) • Scrap Fossil Fuel Subsidies, Bring In Carbon Tax – World Bank Chief (Guardian) • The New Militarism: Who’s The Real Enemy? (Ron Paul) • Optimising The Eurozone (Frances

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Apr 132015
 
 April 13, 2015  Posted by at 10:16 am Finance Tagged with: , , , , , , , , , ,  3 Responses »
Debt Rattle April 13 2015

• China’s March Exports Shrink 15% Year-on-Year In Shock Fall (Reuters) • China’s March Exports Come In Far Worse Than Expected (WSJ) • China’s Trade Collapse Raises Fears Of Growth Slowdown (Telegraph) • World Bank Warns Of Hit To Australia As Chinese Growth Falters (AAP) • China’s Stock Surge May Very Well End In Tears (MarketWatch) • The $9 Trillion Short That’s Seen Sending the Dollar Even Higher (Bloomberg) • Saudi Arabia’s Plan to Extend the Age of Oil (Bloomberg)

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Apr 122015
 
 April 12, 2015  Posted by at 9:14 pm Finance Tagged with: , , , , , , , ,  3 Responses »
Debt Rattle April 12 2015

• Top 20% of US Earners Pay 84% of Income Tax (WSJ) • Stocks Surge: Nikkei Tops 20,000, Europe Hits 15-Year High (Reuters) • Eurozone Officials Shocked By Greece’s Stance, Says German Newspaper (Reuters) • Yanis Varoufakis and Joseph Stiglitz (INET) • ECB Sees Risks In Greece’s Planned Home Foreclosure Law (Reuters) • Druckenmiller: This Could End ‘Very Badly’ (CNBC) • GE Plan Opens Escape Path From Fed Too-Big-To-Fail Label (Bloomberg) • New Zealand Rock Star Economy Takes Centre Stage

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Apr 112015
 
 April 11, 2015  Posted by at 7:08 pm Finance Tagged with: , , , , , ,  2 Responses »
Debt Rattle April 11 2015

• Euro’s Reserve Status Jeopardized As Central Banks Dump Holdings (Blooomberg) • Why The Euro Could Fall Even Further (CNBC) • Putin’s New Problem Is The Strong Ruble (Bloomberg) • Greece: The Next Deadline Approaches (CNBC) • Greek Finance Minister Steers Debt Talk His Way (NY Times) • 100,000 Italians Sign Petition For Eurozone Exit Referendum (RT) • PetroChina Overtakes Exxon Mobil To Become World’s Biggest Energy Company (RT) • China Bears on Wrong End of $4 Trillion Rally Refuse

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