Category: Global Debt Crisis
The analysis published under this category are as follows.
Wednesday, December 01, 2010
Sovereign Debt Crisis Solution / Interest-Rates / Global Debt Crisis
By: Bryan_Rich
Last Thursday in a government declaration, German Chancellor Angela Merkel spoke about the debt problems in Ireland and other European countries. She said,
“Europe needs a new culture of stability,” and added, “A better monitoring system of the national budget would be needed for all European Union member countries.”
Read full article... Read full article...
Wednesday, December 01, 2010
Bond Markets Scream for Haircuts Today, Euro-zone Barbershops to Open in 2013 / Interest-Rates / Global Debt Crisis
By: Mike_Shedlock
Swaps are soaring in Ireland, Portugal, Spain, Greece, and now Belgium. The market has correctly figured out there will be haircuts on senior bank debts. The problem is the ECB wants a free lunch but no haircuts until 2013, hoping of course the need for haircuts goes away in a few years.
Central bankers cannot and will not win this battle of nerves. The market is bigger than the Central bank.
Tuesday, November 30, 2010
Ireland Debt Crisis Bailout For the Banks, Subjugation of the Irish People / Interest-Rates / Global Debt Crisis
By: Philipp_Bagus
Europe is in turmoil once again. The sovereign-debt crisis threatens to spread from Ireland to Portugal and Spain. It all began with the financial crisis. Before the financial crisis, several governments of the eurozone, most notably those of Portugal, Italy, Ireland, Greece, and Spain (PIIGS), had been able to finance their deficits at artificially low interest rates. Some had accumulated unsustainable levels of public debts.
Monday, November 29, 2010
Euro Debt Crisis Bankruptcy Bailout Queue, Protect Savings & Deposits From Banks Going Bankrupt! / News_Letter / Global Debt Crisis
By: NewsLetter
The Market Oracle NewsletterNov 26th, 2010 Issue #63 Vol. 4
Read full article... Read full article...
Monday, November 29, 2010
Ireland Bailout Consequences for Britain, Portugal Next? Stock Market Correction Over? / News_Letter / Global Debt Crisis
By: NewsLetter
The Market Oracle NewsletterNov 22nd, 2010 Issue #62 Vol. 4
Read full article... Read full article...
Monday, November 29, 2010
Debt Crisis New Phase Striking Now! Despite Bailouts! / Interest-Rates / Global Debt Crisis
By: Martin_D_Weiss
Sadly, though, even while most Americans were enjoying the holiday or hitting the malls, much of Europe was sinking deeper into a new, more severe phase of its sovereign debt crisis.
This crisis is unfolding despite Herculean rescues by the European Union, the International Monetary Fund and the U.S. Federal Reserve.
Read full article... Read full article...
Monday, November 29, 2010
The Stench of US Economic Decay Grows Stronger / Politics / Global Debt Crisis
By: Paul_Craig_Roberts
On Thanksgiving eve the English language China Daily and People’s Daily Online reported that Russia and China have concluded an agreement to abandon the use of the US dollar in their bilateral trade and to use their own currencies in its place. The Russians and Chinese said that they had taken this step in order to insulate their economies from the risks that have undermined their confidence in the US dollar as world reserve currency.
Monday, November 29, 2010
Financial Contagion Could Spread to "Core" Eurozone Countries and the U.S. / Interest-Rates / Global Debt Crisis
By: Washingtons_Blog
It's not just the "peripheral" European countries which are in trouble.
As Ambrose Evans-Pritchard reported yesterday:
Read full article... Read full article...The escalating debt crisis on the eurozone periphery is starting to contaminate the creditworthiness of Germany and the core states of monetary union.
Monday, November 29, 2010
Global Sovereign Debt Default Bankruptcy Bailout and Contagion Risk Analysis / Interest-Rates / Global Debt Crisis
By: Nadeem_Walayat
This analysis seeks to update the global sovereign risk of bankruptcy following the developments of the past 9 months that have seen governments and economic policies change, economic austerity plans implemented or failure to implement, as well as the bailout of two Eurozone member countries with first Greece in May and now Ireland's Euro 85 billion bailout.
Sunday, November 28, 2010
The Double Edged Sword of Euro-zone Debt Crisis and Unrest in Korean Peninsula / Currencies / Global Debt Crisis
By: Bari_Baig
Two perfect storms seem to be brewing up fast, one in Far East and the other in Western Europe with both having the potential of becoming category 5 storms[Maximum rating for a storm] and at their mercy lies the global investment world. These storms are bigger and meaner and their head on collision with one another is expected to take place sometime this coming week. Each storm system has a different impact on majority of the investments however; there is one exception and that being of Euro’s fate.
Saturday, November 27, 2010
Europe's Falling Debt Domino's - Greece → Ireland → Portugal → Spain → Italy → UK → ? / Economics / Global Debt Crisis
By: Washingtons_Blog
It is now common knowledge that there is a potential domino effect of European sovereign debt contagion in roughly the following order:
Greece → Ireland → Portugal → Spain → Italy → UK
Read full article... Read full article...
Thursday, November 25, 2010
Global Debt Crisis Implosions, Use Gold and Silver to Protect from The Big One, Coming Soon / Economics / Global Debt Crisis
By: DeepCaster_LLC
“Attempts to bail out the Irish banking sector via multinational loans will only increase debt burdens in Europe and lead to a nightmarish scenario there, says New York University economist Nouriel Roubini.
There is too much private debt in Ireland, and aid from the International Monetary Fund, the European Union or whoever merely amounts to pushing the payday down the road and ultimately increasing the total amount owed in the end.
Read full article... Read full article...
Tuesday, November 23, 2010
How to Profit as China Dumps Japan's Debt / Interest-Rates / Global Debt Crisis
By: Money_Morning
Keith Fitz-Gerald writes:
As a veteran trader, I have a tendency to look past the day's top headlines. That's why a recent Bloomberg News story - which stated that China sold a net total of 769.2 billion yen ($9.24 billion) worth of Japanese debt in September - really caught my eye.
Tuesday, November 23, 2010
Investors Betting In The Endgame of Capitalism / Politics / Global Debt Crisis
By: Darryl_R_Schoon
There is a difference between betting in the endgame and betting on the endgame. The former is a fool’s avocation whereas the latter is a once in a lifetime opportunity.
The endgame of capitalism is a uniquely different environment where investors find themselves faced with increasingly dangerous options. In the endgame, proven strategies are improvident, buying and holding becomes a time bomb and speculators are favored over investors because of excessive liquidity and volatility.
Monday, November 22, 2010
Who's Behind the Budget Deficit Crisis / Politics / Global Debt Crisis
By: Shamus_Cooke
From the U.S. to Europe media and politicians are singing the same tune: "budget deficits must be drastically reduced -- by cutting social programs -- so that global bond investors do not threaten the economy."
Read full article... Read full article...
Sunday, November 21, 2010
Roubini being Roubini, Central Banks Have Mountains More Leverage Than Lehman or Bear Ever did / Interest-Rates / Global Debt Crisis
By: Trader_Mark
With the market on another of its rocket ships as every asset on earth is backstopped by a central banker or sovereign government (which is in turn backstopped by a central banker), Mr, Nouriel Roubini is not getting the same air time or rock star status as he had a few years ago. That said, he is always an interesting mind to listen to ... and since we share many thoughts of the future, of course I want to share ;) As Nouriel says - who is going to backstop the central banks? Mars? ;) (if you look at their balance sheets they have mountains more leverage than Lehman or Bear ever had - but no problemo I guess as we have full faith and trust in their Socrates like actions)
Saturday, November 20, 2010
Quantitative Easing QE2 and the Looming Threat of a Crippling Debt Service / Economics / Global Debt Crisis
By: Ellen_Brown
The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the banks. It’s about funding the federal deficit without increasing the interest tab, something that may be necessary in this gridlocked political climate just to keep the government functioning.
Thursday, November 18, 2010
QE2 Backfires, Collapse in Irish and U.S. Bond Markets / Interest-Rates / Global Debt Crisis
By: Gary_Dorsch
“Oh what a tangled web we weave when first we practice to deceive,” said Sir Walter Scott. The Republican Party enjoyed a major victory in the congressional midterm elections, winning back control of the House of Representatives and gaining seats in the Senate. Republican leaders are giving the Tea Party movement a lot of credit for their success, and one of its high profile leaders, Kentucky’s Senator-elect, Rand Paul declared, “We’ve come to take our government back.”
Thursday, November 18, 2010
European Debt Crisis 2, E.U. Has New Candidates for Bankruptcy / Interest-Rates / Global Debt Crisis
By: Pravda
A problem enforcing experts to talk about «European debt crisis-2» has gathered. According to the poll made by Bloomberg agency more than 50 percent of respondents from among international investors consider default of Ireland as possible, almost 40 percent consider such a scenario as possible for Portugal. All that leads to impetuous cheapening of the European currency, experts say.
Read full article... Read full article...
Wednesday, November 17, 2010
Global Geopolitical Dislocation and the Worldwide Financial Crisis / Politics / Global Debt Crisis
By: Global_Research
As the LEAP/E2020 team anticipated in its open letter to the G20 leaders published in the international edition of the Financial Times of 24 March 2009, on the eve of the London Summit, the question of a fundamental reform of the international monetary system is central to any attempt to solve the current crisis.