In yesterday’s article on Europe’s fiscal integration we managed to ruffle a few feathers of those (presumably from) the English island. We’ve taken the liberty of reprinting some of their comments. First let’s start with a nice (warm) beer… then let’s talk money.
December 13th, 2011 | Dan Denning | 3 comments | ContinuedAll Posts Tagged With: "debt crisis"
The Staying Power of Debt
It doesn’t matter what you say…too much debt is too much debt. And someone will have to pay for it.
All of the crisis and hoopla of the last 4 years has been just an attempt to avoid facing up to reality. Christmas comes but once a year…but investors have looked under the tree every day…hoping Santa paid an un-announced visit.
November 30th, 2011 | Bill Bonner | 3 comments | Continued
A Solution to the Debt Crisis – Amour
The Times Online UK reports that Bill Clinton, who managed to get the US federal budget to balance during his term as President, has once again stepped in to solve the State’s financial woes. Only this time it’s the Secretary of State, not the state itself, that’s getting his budgetary attention:
May 15th, 2010 | Nickolai Hubble | 0 comments | Continued
Historians May Write: In Order to Save Greece, it Was Necessary to Destroy the Euro
The bigger story is that Greece hasn’t been abandoned by the rest of Europe…yet. Europe could probably leave Greece behind and preserve the integrity (such as it is) of the euro as a sound currency. But 50 years of harping on about social justice and economic harmony and humane capitalism is going to make it hard for policymakers to leave Greece to its own devices.
February 17th, 2010 | Dan Denning | 19 comments | Continued
Optimists Expect Mild Inflation in a Decent Recovery
Pessimists fear the feds may have waited too long; they think they see higher rates of inflation coming. Here on the back page we see no recovery…nor any inflation.
December 7th, 2009 | Bill Bonner | 3 comments | Continued
Dubai, Built on Debt and Sand
Dubai was the great success story of the Near East. With nothing but rich sheiks behind it, this patch of desert had set itself the goal of becoming a major financial and tourism center.
December 1st, 2009 | Bill Bonner | 0 comments | Continued
