if roger clemens is not
if roger clemens is not guilty, does that mean everybody else involved is?
View Article/ES pops 7 points from 4
/ES pops 7 points from 4 am. Somebody knows something....or else this thing is going straight down the toliet Wednsday afternoon.
View ArticleSpanish debt issues are
Spanish debt issues are collapsing, as they did in the Greek, Portuguese, Irish ...Spain refinance this year total 150 billion, at actual cost turns into unaffordable. It only remains to know the...
View ArticleWhat we are witnessing is
What we are witnessing is plain nauseating. As Chris Powell has sid, there are no more markets....just manipulations. The rest of us should be grateful for the extend and pretend phase as it affords us...
View ArticleGermans would be crazy not to
Germans would be crazy not to be printing DM's like mad and prepping for a quiet, and sudden, exit from the Euro.Then again, maybe they all have "hold hands and jump off the Euro cliff together"...
View ArticleAs Larry Kudlow famously said
As Larry Kudlow famously said in 2009 about the US collapse "I guess an inverted yield curve really is a sign of a total melt down." of course our's was inverted "with malice a forethought" for over...
View ArticleThe German Constitutional
The German Constitutional Court has just handed down a decision that limits the freedom of decision the German government has so far enjoyed in matters relating to the ESM ("Bailout") mechanismIt is...
View ArticleThese Euronalysis numbers are
These Euronalysis numbers are indic(k)ative of a deeper problem.
View ArticleHang on ... since when are we
Hang on ... since when are we paying banks (who get their license from the state) for the priviliege of using "their" LTRO money (which comes from the ECB) at exorbitant and unsustainable usurious...
View ArticleSpanish banks found what
Spanish banks found what little LTRO cash they had lying around and in act of total desperation tried to do a carry trade whereby 3 year paper priced at 1% is used to buy 1 year paper yielding 5%This...
View Article10 handles, and
10 handles, and climbing.Same as it ever was. This is a daily fucking joke.
View ArticleThe good news just keeps
The good news just keeps rolling out of Spain.AAPA detailed audit of Spain's stricken banks, which is to follow a first examination due by Thursday, has been delayed from the end of July to September,...
View ArticleThe crisis worsens each day
The crisis worsens each day Spain more. But do not forget that Spain is no exception. All European countries have the same problem. What happens is that the crisis does not manifest at the same time....
View Article(Reuters) - Germany's top
(Reuters) - Germany's top court said on Tuesday Angela Merkel's government did not adequately consult parliament on setting up the euro zone's permanent bailout scheme, though the ruling is not...
View ArticleThe crisis in Europe is
The crisis in Europe is growing each week. At some point, Germany will have to evaluate the cost / benefit of staying in the Eurozone. Hopefully not too late.
View ArticleWhat Spain needs is probably
What Spain needs is probably closer to $2 trillion. There is not enough money in the world to keep "bailing out" these banks, er, countries. To bail every body in the EU would probably take on the...
View ArticleGermany does to the Eurozone
Germany does to the Eurozone as the USA did to the emerging markets some 30 years ago. No problem. Just history.
View Article"The whole eurozone wil
"The whole eurozone wil collapse around it"Point of order Mr Speaker. Point of order.From an econo-tard's perspective, there is no problem. The 99% will be improverished further, the 1% will be...
View ArticleI'm a dunce. An idiot. Can
I'm a dunce. An idiot. Can someone please let me know the followiing: - How is it that stock markets all over the world continue the 'rally' day after day after day and yet the entire western world,...
View ArticleCompletely right...To
Completely right...To "ringfence" Greece, Ireland, Cyprus, Portugal, Spain and a bit of Italy, the only short term can kicking that can do that is to announce about $1.5T in new printing and bond...
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