If it's 2008 redux, there is one big difference. It's Summer not Fall.
Everyone is nervous about Europe. Me too. I have no way of knowing how much of this is already priced in the market. You'd have to say a lot based on the violent reaction in the oil patch, some…
Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout | ZeroHedge
Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout Submitted by Tyler Durden on 06/09/2012 14:52 -0400 Bank Run Bond Bridgewater CDS Creditors European…
Euro like a bad marriage that's too expensive to leave
I've been struggling with a metaphor to describe the state of affairs in Europe. I've got it now. It's a bad marriage . All parties now realize they'd be better off ending it except they can't…
Soros says Europe has three months to avoid catastrophe
I don't pretend to know what's going to happen but I've said many times, the world would be much better off without the euro. For reasons beyond my comprehension, the Europeans seem hell bent on…
European Banks Unprepared for Greek Exit From Euro - Yahoo! Finance
European Banks Unprepared for Greek Exit From EuroBy Elena Logutenkova, Liam Vaughan and Gavin Finch | Bloomberg – 1 hour 27 minutes ago Europe's banks, sitting on $1.19 trillion of debt to Spain,…
Greece A Result Of A Greedy Goldman? Nahhhh...
Back in 2001, Greece had a problem. The struggling country's debt levels were simply too high to qualify for admittance to the European Union. While these regulations were in place to protect the…
Greek Debt Swap Success? IIF's Dallara Seems To Think So
Greece has fallen out of the headlines in the past few days due to a supposed resolution of the debt deal, but large hurdles still exist. Managing Director Dallara of the IFF is under the impression…
Greece Steps Down And North Korea Takes The Stage
Interactions with North Korea are a bit of an unknown under the new leadership of Kim Jong Un, but the fourth largest military in the world is stepping into the limelight as Greece leaves center…
Paulson Calling For A Greek Default
According to Paulson & Co., a hard default by Greece could spell economic disaster of unprecedented proportion along with the breakup of the Euro. In his 2011 recap letter to clients, he…