Showing posts with label Eurozone. Show all posts
Showing posts with label Eurozone. Show all posts

09 April 2013

News & Views For Week Of April 7 - 13, 2013

Note: I will be adding the freshest news and opinion pieces to the top of this list, refreshing it daily, sometimes at night, somtimes (shudder) during daylight hours. - Rock

27 September 2011

Eurozone Market Is Toast

In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do.

03 January 2011

Business/Economic/Housing News for Jan. 2 through Jan. 8, 2010

Government News:











Housing News:







Economic News:








Layoffs/Hirings:







Best of the Web:






21 December 2010

Jim Corr of the Irish Band "The Corrs" Talks About "Robin Hood In Reverse"

Jim Corr of the Corrs talks more economic sense than 99.9% of all Politicians and Economists in Europe.

Corr proclaims what Ireland needs to do now: quit bailing out the bondholders and private shareholders of the Too Big To Fail Banks in his country. He states Ireland needs to follow Iceland's lead and feed the failure of the big banks to the people who supported the banks by purchasing bonds and failed derivatives. He advocates not forcing the failures of the banks onto the taxpayers who did not support the banks in the first place.

He says it is massive fraud in banking which privatized gains while socializing losses.

What Corr doesn't use are the words "Moral Hazard", but Jim Corr does introduce one free mention of "The Money Masters", a film which The Watchworld recently brought to light on this very blog.

If you have never watched "The Money Masters", click here now and educate yourself as to who controls the central banks of the most powerful nations on the planet.


Meanwhile . . . why does it take a musician from an Irish band to pose hardball questions which few elected politicians dare whisper?





p.s. And for those of you who have never heard The Corrs, here's one of my favorites by them, "When The Stars Go Blue" with some guy named Bono doing a stand in, LIVE:

24 August 2010

Business/Economic/Housing/Layoff News for August 24, 2010


7:06 AM EST - Stock futures drop on global economic worries; traders brace for weak housing report.

Hussman: Why Quantitative Easing is Likely to Trigger a Collapse of the U.S. Dollar

Leaked Documents Provide Glimpse Behind Baseball’s Financial Curtain

15-year high for the Japanese yen

Mish: Dissent at the Fed, 7 of 17 Express Reservations about QE; Appeals Court Refuses Fed's Motion to Dismiss Bloomberg's Freedom of Information Request


First Time Ever: Pay TV Subscribers In The US Decrease

Great Recession, Great Depression

Zero Hedge: Mapping The Tipping Points

Zero Hedge: How Hyperinflation Will Happen

Mogambo Guru: "Inflation Follows The Stimulus Boom"

The Fed Can Create Money, Not Confidence

Barry Ritzholz Video - Are We In An Economic Purgatory?


Sign of Trouble? Bankers Pitch 100 Year Bonds

Bond Funds Attracting Cash Like Stocks During Dot-Com Boom: Credit Markets


The End of Management - Corporate bureaucracy is becoming obsolete. Why managers should act like venture capitalists

WSJ: Facing Budget Gaps, Cities Sell Parking, Airports, Zoo

Wikipedia entry on "Quantitative Easing"

How to protect your money during deflation

Der Spiegel: On The Way Down - The Erosion Of America's Middle Class

Marc Faber: Protect Your Property with High Voltage Fences, Barbed Wire, Booby Traps, Military Weapons and Dobermans


Credit Card Rates Fly Through The Roof

The Age of Nations is Over. The New Urban Age has Begun.

Boarded-up Tuscon, Arizona complex excels now in a sorry way - decay


The Housing-Market Diagnosis: Still Weak
15 Signs The U.S. Housing Market Is Headed For Complete And Total Collapse

Henry Blodgett - Now They Tell Us: Experts Say Housing Is A Lousy Investment And Always Will Be (video included)

The U.S. Housing Fetish Hurts the American Dream

Homeowner confidence in real estate market dips

Mish:Commercial Real Estate Foreclosures to Hit Chicago "Loop", First Since 1999; Big Wave of Commercial Foreclosures, Bank Failures Coming

What to Do With a $7.6 Million Home? Tear It Down!


Even high-end properties can't escape foreclosure wave in Palm Beach County


Sacramento Wastewater Plant Upgrade Would Cost 390 Jobs Per Year

Canadian Pacific Railway Plans To Announce Job Layoffs In The Next Two Weeks

15 August 2010

Business/Economic/Housing/Layoffs News for August 16, 2010

Matt Taibbi: "Wall Street's Big Win"

The Biggest Lie About US Companies

Fleck: A Patently Obvious Way To Add Jobs

Massive Wealth Shift in Full Swing

Mish Says We Are Now In A Depression: Corporate bonds, Municipal Bonds, Treasuries at Record Low Yields; Is this a "Fool's Game"?

Oil rises, dollar falls

Survey finds oil in Afghanistan


Gold Climbs a Third Day as Signs of Waning Recovery Fan Demand


Cotton Tests 1995 Peak as Supply Drops, Levi's Raises Prices

Jim Rogers Says Wheat, Agricultural Commodities Set for Steep Price Rises

Tastes Like Chicken: Hot New Plan For Conveying Taxpayer's Dollars To Wall Street Banks

Asian Stocks Fall to Three-Week Low as Yen Gains on Japan GDP

US 'Virtually Certain' to Fall Into A New Recession: Rosenberg

Infographics: How The Great Recession Has Changed Life In America

Signaling The Death of the American Dream

Another Threat To The Economy: Boomers Cutting Back

Recession-Worn Seniors Tap Social Security Early


The Reality Of The New Going Back To School List: Don't Forget The Janitorial & Bathroom Supplies

The Bears Have Seized Control Again

Is a Crash Coming? Ten Reasons to Be Cautious


Shadow Inventory Piles Up On Banks' Books

Your House Might Be "Under Water" For Years

When will the FHA blow up like Freddie Mac and Fannie Mae?

Labor Unrest In China Results In Upswing Of Strikes For Better Wages

The Chronically Unemployed: They're known as 'the 99ers,' and their numbers are growing

Greater A&P Grocery Chain To Lay Off Over 2,000 Employees

Trenton, NJ Could Cut 400 Jobs This Week If State Aid Does Not Arrive

New Jersey's Non-Profit Legal Aid To Pink Slip 100 Workers

Stat Counter from 10 Nov 08