Euro 'doomed to be a weak currency' | Mail Online
Euro 'doomed to be a weak currency' by DAVID HUGHES, Daily Mail Comments (0) Add to My Stories The euro is doomed to be a weak currency indefinitely, according to a crushing assessment by Europe's…
Black Friday 2011: Waffle Maker Riot Caught On Tape
Black Friday 2011: Waffle Maker Riot Caught On Tape. Wow, I thought the riots in Greece were scary. This is a full blown riot in a Walmart where apparently there are $2 waffle…
New Strains Hit Euro, Global Markets - WSJ.com
By STACY MEICHTRY and JONATHAN CHENG ROME—Uncertainty in financial markets deepened as Italy's borrowing costs soared to euro-era highs and Prime Minister Mario Monti said European leaders…
Insider buying has picked up but not at August levels
Insiders, C-level officers,directors, and 10% owners of companies, in short the people that know the business the best, has picked up noticeably as the markets have come down. But it's not anywhere…
Wrong to close out euro short
I think we were premature closing out our euro short. There really isn't viable outcome of the European common currency anymore. It's possible that the IMF will bail out Europe and that is probably…
UPDATE: IMF Warns Japan Debt Could "Quickly Become Unsustainable" - WSJ.com
PUT OPTIONS ON JGB is Kyle Bass's favorite trade. UPDATE: IMF Warns Japan Debt Could "Quickly Become Unsustainable" -- IMF warns that Japan's debt could "quickly become unsustainable" if JGB…
It's clear now that a global bank run is starting
The closest parallel to what's unraveling now is the 1998 Asian currency crisis, culminating in Russian default and the collapse of Long Term Capital. This is probably a multiple of 3-10 x worse…
Cut in Europe Bank Lending Has Wide Impact - WSJ.com
As usual, most of our posts are with a theme on how to profit from them or to stimulate the investment mind. One of Gary Shlling's ideas from The Age of Deveraging is to short emerging equities.…
For Deficit Panel, Failure Cuts Two Ways - NYTimes.com
.By BINYAMIN APPELBAUM and ANNIE LOWREY The latest Congressional failure to agree on a plan for balancing the government’s books could yield a surprising result: a sharp reduction in annual federal…
US budget talks a chimera- the real issues is total world collapse
The real issue is the total collapse of the global financial system based on a run of all the banks in Europe that leads to a gumming up of the global financial engine and a complete and utter…