Very curious indeed
Austerity isn’t working, per… ZeroHedge (we had to hold on to our chairs in order not to fall off of them in amazement)…
European problems not healing
Germany marching on, but this leaves the gap for the fringe even larger…
US fiscal crisis
One can smell the sense of despair here from Martin Wolf, the FT’s primier columnist and a must read for everybody interested in the future of US public finances. It’s […]
Market is overreacting
The stories about Europe’s demise are highly overblown…
The mother of all moral hazard problems
The true meaning of ‘lender of the last resort’…
Europe buys time
But more needs to be done, especially in Spain…
This is what needs to be done
Ball in the court of the ECB, but not only them..
A primer on the European end game
This is like chess, with less variants..
Not even a relief rally…
At least not in the euro (and we doubt it’s anywhere else). Pretty worrying, this…