The actions need to try to stabilize the European debt crisis are well recognized. But Even if measures could be implemented as soon as possible, success is not assured. However without them, the chance of a disorderly collapse is increasingly significant.
February 8th, 2012 | The Daily Reckoning | 0 comments | ContinuedAll Posts Tagged With: "ECB"
The First Casualty of the Currency Wars
Can Australia’s currency continue its rampage while exporters burn? The currency wars have been going on quietly here at home for some time now. And going by the state of our exporters, we’re losing.
February 4th, 2012 | Nickolai Hubble | 3 comments | Continued
How the Fed Prints Money Under the Guise of Currency Swaps
The Fed is ramping up its currency swap activity again. Meaning, Federal Reserve Chairman Ben Bernanke, is printing money again. That’s bad enough. But this time, after he prints it, he sends it over to Europe. Crazy, but true.
February 2nd, 2012 | Eric J. Fry | 2 comments | Continued
Currency Wars
The currency wars are heating up. On Wednesday, Federal Reserve boss Ben Bernanke promised speculators he would keep interest rates low until 2014.
January 27th, 2012 | Greg Canavan | 1 comment | Continued
Introducing Mr Mario Draghi… Europe’s Incredible Economic Saviour
Mario Draghi, new ECB boss who completed his monetary apprenticeship at Goldman Sachs, has conjured up a sneaky way to print money while giving the impression he’s doing nothing of the sort.
January 19th, 2012 | Greg Canavan | 1 comment | Continued
Debts With Unsolvable Insolvency
Even before debt became such a big problem, real growth had already begun to disappear from the developed world. There has been none in Japan for the last 20 years…and almost no real growth in the US private sector for the last 10 years. In Europe, grosso modo, the story is similar.
January 18th, 2012 | Bill Bonner | 0 comments | Continued
Don’t Invest in Europe’s Debt
On December 5th 2011, S&P warned the Europeans to get their divided house in order. Almost nothing constructive or helpful to solve Europe’s debt problem has happened since then. On Friday the 13th January 2012, Standard and Poor’s cut the credit ratings of nine European countries. S&P’s biggest scalp was France.
January 16th, 2012 | Dan Denning | 0 comments | Continued
The Next Bubble in China’s Economy
We’ve battled this argument before, so we apologise if we repeat ourselves. But it needs to be said because the mainstream media continues to talk gibberish about China’s economy. This is the argument: a falling inflation rate in China allows the authorities to ease monetary policy to avert a hard landing.
January 13th, 2012 | Greg Canavan | 4 comments | Continued
How Central Bankers Attempt to “Cure” Insolvency
Whenever a central bank cannot provide direct, overt assistance to a specific insolvent investment bank or government, not to worry, a central bank can still provide indirect, covert assistance.
January 9th, 2012 | Eric J. Fry | 4 comments | Continued
A Brief Retrospective of the Year Gone By
Before we say goodbye to 2011, let us pause to remember it…briefly. We spent 365 days with it – 365 days in a row. We can’t just move on to 2012 without a least a backward glance. What kind of a year was it? In what direction did it take the world, dear reader? Should we cheer that it is gone…or merely dry our eyes and hope for the best?
January 4th, 2012 | Bill Bonner | 0 comments | Continued
How the Banking Crisis Affects the Real Economy
What Australia has – commodity wealth – is strategically important. But what it doesn’t have – capital – is economically urgent.
The banking crisis will mean small Aussie businesses may start to feel the crunch of Europe’s credit crisis in 2012.
December 19th, 2011 | Dan Denning | 5 comments | Continued
Shadow Banking and The Golden Pyramid
Yesterday in our article about gold’s price going down we discussed gold and the shadow banking system. Today we’ll explain how it all fits together and what it means for the markets and your investments.
December 16th, 2011 | Greg Canavan | 2 comments | Continued
Why Europe’s Fiscal Integration Still Spells Financial Doom
Financial markets will tell you whether private investors believe greater “fiscal integration” is the long-term answer to Europe’s debt problem. We can save you the trouble and tell you the answer now: Europe is still doomed.
December 12th, 2011 | Dan Denning | 5 comments | Continued
Why the Stock Market Disagrees with the Economy
In the past few days we’ve seen Brazil’s economy contracting…Australia’s economy expanding…the RBA slashing interest rates…and China’s currency under pressure.
December 8th, 2011 | Greg Canavan | 3 comments | Continued
Will European Governments Tighten Up?
All eyes are on Europe. If the European governments can pull off a save…well, we’re all saved. At least for a few weeks. Maybe through the holiday season.
December 7th, 2011 | Bill Bonner | 0 comments | Continued
