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The Stock Market Correction is Not Over
By: Andre_Gratian Current Position of the Market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will...
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Now Cometh the Eurozone ‘Recession’
by Staff Report EU predicts 0.3 per cent eurozone economic contraction in 2012, says bloc in ‘mild recession’ … The European Union estimates that the economy of the 17 countries that use the euro is in...
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Three reasons I don’t like the idea of the Eurobonds
Wipe our Debt (Photo credit: Images_of_Money) Posted by Dr. Constantin Gurdgiev Three reasons I don’t like the idea of the Eurobonds: Issuing Eurobonds to swap for existent Government debt is...
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Greek pensioner found hanging from tree in Athens over ‘unpayable debts’
A GREEK pensioner who was heavily in debt hanged himself from a tree in Athens yesterday, leaving a suicide note saying his country could only be saved with a leader like Margaret Thatcher. The...
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Telling tales about our ‘Productivity’?
Odious Debt Lawyer Wanted – Work for The 99% (Photo credit: infomatique) By Dr. Constantin Gurdgiev Irish labour productivity per person employed is at 136.9% of the EU27 average, which makes us the...
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Market Brief 4th. September 2012
By Christopher M Quigley Market Divergence: Labour Day is done, the holidays are over, schools and colleges are back: game on. Expect one wild ride in the markets between now and the November US...
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Controlled Demolition of Europe Continues
Euro-zone jobless rate hit record highs … The number of people out of work in the euro zone climbed further in August reaching a fresh record high, underscoring the hardship that the currency area’s...
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Elite View: The Yo-Yo Economy
Euro zone rot spreads to Germany, China mending … The euro zone’s biggest member Germany is being sucked into the bloc’s worsening economic quagmire, business surveys suggested on Wednesday, as similar...
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The Bailout Of Russian “Black Money” In Cyprus
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter Timing couldn’t have been worse. Or more opportune. A “secret” report by the German version of the CIA, the...
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Mario Draghi’s Nightmare Gets Worse: European Loans Decline At Record Rate
By Tyler Durden Back in July we posted “What Keeps Mario Draghi Up At Night, And Why The European Depression Has A Ways To Go” in which we presented “Europe’s annual change in M3, alongside the far...
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