Gross: US Addicted to Budgetary Crystal Meth
Meet Romney's Economic Bosses, Same As The Old Bosses
SEC Sues the One Rating Firm Not on Wall Street’s Take
Demand In Germany Rebounds, August Retail In Euro-Zone Recovers
Sheila Bair Explains Timothy Geithner's Adulation of Robert Rubin
Showing posts with label Germany. Show all posts
Showing posts with label Germany. Show all posts
03 October 2012
26 September 2012
Slide show of Greek protest turning into riots, yesterday, September 26, 2012
Chris Hedges: How Do You Take Your Poison?
IMF: Global Financial System As Risky As Before The Credit Crisis
Credit Suisse banker arrested for role in Credit Crisis of 2008
Germany Becomes First Country In The World To Surpass 30 GWp From Solar Power
Charles Hugh Smith: Why QE May Not Boost Stocks After All
New Marketing Pardigm For Cars: Buy A Tesla (Nasdaq: TSLA) Electric Car, Get Free Fuel From The Sun, Forever!
Chris Hedges: How Do You Take Your Poison?
IMF: Global Financial System As Risky As Before The Credit Crisis
Credit Suisse banker arrested for role in Credit Crisis of 2008
Richard Heinberg: Don't Worry, There's Plenty of Oil
Germany Becomes First Country In The World To Surpass 30 GWp From Solar Power
Charles Hugh Smith: Why QE May Not Boost Stocks After All
New Marketing Pardigm For Cars: Buy A Tesla (Nasdaq: TSLA) Electric Car, Get Free Fuel From The Sun, Forever!
17 November 2011
29 September 2011
16 July 2011
17 June 2011
Peter Schiff's take on Chancellor Merkel of Germany caving in to the demands of socializing losses while privatizing gains in the Greek mess.
I'm with Schiff on this one. Let the bond holders get wiped out if needs be. It is outrageous that German taxpayers will be coming to the aid of the banks and hedge funds which took on the risk. All Merkel's cave in will do is to increase Moral Hazard in the investing banks and hedge funds.
Schiff also explains why he believes QE3, QE4, QE5, and so on are slam dunks as the Fed invents a new way to print money to buy Treasuries, i.e., the Fed will simply no longer call it "Quantitative Easing" with a set amount of money to be printed. Instead, as Schiff points out, the Fed will target interest rates in the USA and will do so by printing whatever amount of money is needed to keep them low. That amount will not be trumpeted up front in the media. Instead, it will be printing presses rolling 24/7, some days faster than others, depending on interest rates. Schiff points out that both he and Bill Gross of Pimco believe this is how the Fed will continue to pump money into Wall Street without calling it "Quantitative Easing".
I'm with Schiff on this one. Let the bond holders get wiped out if needs be. It is outrageous that German taxpayers will be coming to the aid of the banks and hedge funds which took on the risk. All Merkel's cave in will do is to increase Moral Hazard in the investing banks and hedge funds.
Schiff also explains why he believes QE3, QE4, QE5, and so on are slam dunks as the Fed invents a new way to print money to buy Treasuries, i.e., the Fed will simply no longer call it "Quantitative Easing" with a set amount of money to be printed. Instead, as Schiff points out, the Fed will target interest rates in the USA and will do so by printing whatever amount of money is needed to keep them low. That amount will not be trumpeted up front in the media. Instead, it will be printing presses rolling 24/7, some days faster than others, depending on interest rates. Schiff points out that both he and Bill Gross of Pimco believe this is how the Fed will continue to pump money into Wall Street without calling it "Quantitative Easing".
21 December 2010
22 August 2010
Business/Economic/Housing/Layoff News for August 23, 2010
Peter Schiff: The Fed Has A Drug Problem, Bernanke Is Addicted To Printing
Stocks Rally on Takeover Optimism; Coffee Jumps to 12-Year High
Debt's Deadly Grip
Mish's Weekend Potpourri: Commercial Real Estate Prices Tank; Late Mortgage Payments Spike; Half of Shanghai, Beijing Flats Are Vacant; Pension Fraud by New Jersey Cited by SEC
USA: Portrait of a Sagging Empire
Bond Yields Showing No Economic Spoils for Republicans in 2010
Bond bubble fear returns as investors flee stocks
How Pimco is holding the American homeowners hostage
It's doom and gloom all over again
Today’s economic crisis is less about the quantity of output than the distribution of income and leisure
Late-fee limits could cost card issuers $3 billion
Democracy or “Lobbyocracy”?
Beijing Billionaire Who Grew Up With Mao Sees No Housing Bubble
4th Straight Year Of Decline: Country clubs for golfing closing nationwide
10 Big Retailers Closing Stores
Small Investors Flee The Stock Market
Firm: N. Calif home sales drop 23 percent in July
Another top money manager says the market is priced attractively at this time
7 Reasons Why You Should Not Buy A House
Post-Mortgage Meltdown, Where Do We Go Now?
Dr. Housing Bubble: The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.
Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
Housing Fades as a Means to Build Wealth, Analysts Say
Bloomberg: Housing Slide in U.S. Threatens to Drag Economy Into Recession
Watch Out Amazon, Here Comes Rakuten!
Delta to Recall, Hire Attendants as Carrier Expands
What is real jobless rate in North Carolina? Try 17.8%
Bleak Picture for Employment
Veterinary supplier files bankruptcy, lays off 300
State of Texas considers cutting "thousands" of jobs to balance their budget
BAE Systems laying off 124 at Western Pennsylvania plant
Wells Fargo laying off 90 employees in Reading, PA
Stocks Rally on Takeover Optimism; Coffee Jumps to 12-Year High
Debt's Deadly Grip
Mish's Weekend Potpourri: Commercial Real Estate Prices Tank; Late Mortgage Payments Spike; Half of Shanghai, Beijing Flats Are Vacant; Pension Fraud by New Jersey Cited by SEC
USA: Portrait of a Sagging Empire
Bond Yields Showing No Economic Spoils for Republicans in 2010
Bond bubble fear returns as investors flee stocks
How Pimco is holding the American homeowners hostage
It's doom and gloom all over again
Today’s economic crisis is less about the quantity of output than the distribution of income and leisure
Late-fee limits could cost card issuers $3 billion
Democracy or “Lobbyocracy”?
Beijing Billionaire Who Grew Up With Mao Sees No Housing Bubble
4th Straight Year Of Decline: Country clubs for golfing closing nationwide
10 Big Retailers Closing Stores
Small Investors Flee The Stock Market
Firm: N. Calif home sales drop 23 percent in July
Another top money manager says the market is priced attractively at this time
7 Reasons Why You Should Not Buy A House
Post-Mortgage Meltdown, Where Do We Go Now?
Dr. Housing Bubble: The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.
Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
Housing Fades as a Means to Build Wealth, Analysts Say
Bloomberg: Housing Slide in U.S. Threatens to Drag Economy Into Recession
Watch Out Amazon, Here Comes Rakuten!
Delta to Recall, Hire Attendants as Carrier Expands
What is real jobless rate in North Carolina? Try 17.8%
Bleak Picture for Employment
Veterinary supplier files bankruptcy, lays off 300
State of Texas considers cutting "thousands" of jobs to balance their budget
BAE Systems laying off 124 at Western Pennsylvania plant
Wells Fargo laying off 90 employees in Reading, PA
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
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
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