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: "Euro"
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
A Question of Currency: Should Australians Invest in the Fourth Reich?
The first thing to think about, if you’re a foreign investor in another region, is currencies. Well, it may not quite be the first thing, but keep in mind: movements in currencies can make or break investment returns.
January 30th, 2012 | Nickolai Hubble | 0 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
The War Against the Euro
The Americans are trying to discredit the euro in order to perpetuate dollar hegemony, so goes the argument. Hmm. It’s possible. It’s also possible that all central bankers and monetary policy makers are singing from the same hymnal. Their answer to the end of the credit bubble is to try and pump it back up with currency debasement. In that case, this is a war of all against all.
January 18th, 2012 | Dan Denning | 5 comments | Continued
Downgrade of European Financial Stability Facility Becomes a Reality
“It won’t be long before the EFSF has its own credit rating cut,” we wrote yesterday. And it wasn’t! Standard and Poor’s delivered the coup de grace yesterday. It downgraded the European Financial Stability Facility from AAA to AA+.
January 17th, 2012 | Dan Denning | 2 comments | Continued
Nero, Bonaparte and Hitler Walk Into an Economic Union
The latest news out of Europe is that British Prime Minister Churchill Cameron refused to surrender sovereignty to the rest of the EU. Those on the continent have tied themselves to the Euro like tree huggers saving the forest.
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
IMF Considers Loan to Italy
If the IMF does find the money to loan to Italy, it will have to find money for Spain, and for Ireland, and for the Belgians (who just had their credit downgraded again over the weekend). Unless the Italian “solution” brought down government bond yields generally, the basic problem in Europe is still the same: the governments need to borrow more money than anyone actually has.
November 28th, 2011 | Dan Denning | 1 comment | Continued
Europe’s Economic Fast Fix
We’re beginning to feel sorry for Europe’s economy. Faced with intractable economic problems, they also have to contend with the counterparts around the world telling them to ‘hurry up and fix’ their problems.
It’s like Europe’s economy is a chair with a broken leg. People want it ‘fixed’ so they can sit down.
November 25th, 2011 | Greg Canavan | 1 comment | Continued
US Bonds Ride Euro’s Demise
The looming breakdown of the Euro is a massively deflationary event for stock and commodity prices (although not US bonds, as you’ll see in a moment). It’s going to dominate the news until the moment reaches its crisis. And the crisis may be at hand.
November 22nd, 2011 | Dan Denning | 4 comments | Continued
Germans Obsessed With Getting Their Fiscal House in Order
Anecdotal evidence from the German population suggests that whinging is on the agenda, without any obvious plan of action. “Germany works, while the rest of Europe parties” is the phrase on everyone’s lips.
May 22nd, 2010 | Nickolai Hubble | 0 comments | Continued
