|
|
From The Telegraph (UK)…ECB largess not infinite.
DIVISIONS IN THE EUROZONE OVER ECB BOND-BUYING
The eurozone was facing fresh splits today after one of the European Central Bank’s most senior figures said the bank should not be used to fund national debts and that if it was forced to, it would mean the end of the single currency.
17 DEC 2011
…
“In the interview [Juergen Stark] said: ‘It is the fundamental arrangement of this [...]
100 lawmakers to debt panel: Consider all options
Tax Evaders Face Greater Scrutiny as National Debts Pile Up
financialsense.com
Let’s talk about maybe one of the reasons why QE2 failed. In your view, will they announce another QE3 or QE4 as some on Wall Street anticipate if the economy weakens?
Well, unfortunately, they feel they have to do something. But in all honestly, as I think they do realize, they can’t stop it because we are in a global economy. I mean, you take the QE2 idea, then okay, [...]
From CNBC:
Weakness in the US dollar, which is causing everything to go up—including gas prices, food and stocks—is unlikely to go away soon as a selling frenzy hits the currency market.
CNBC.com
The greenback is approaching pre-financial crisis lows and threatening to smash through its all-time low when measured against the world’s predominant national currencies.
A combination of factors accounts for the weakness, with the Federal [...]
by LFM
Much of what have propped things up for the last 2 years is being withdrawn as austerity starts to bite. In tech innovation a lot of competition is also starting amongst manufacturers and such leading innovators as Apple ma y well be hard up as a combination of competition lowers higher price mark-ups, something they have had the luxury of being able to do, [...]
by LFM
Much spending in many countries around the world has been based on artificial stimulus from governments spending, often with private companies, but that is a casualty in many countries right now, so this will impact around the world. Spending has been with borrowed money, at the same time as bailing out banksters and quantitative easing experiments, all multiplying national debts. Now many countries [...]
by danmack
The American dollar has a number of negatives that could become issues very quickly under certain circumstances.
First, we have perhaps the largest deficit of any nation in the history of the world. Our current debts may be in line with many other national debts in comparison with GDP, but our budgetary commitments will only escalate and multiply with the aging of baby boomers drawing on social security and [...]
President Obama’s nomination of Elena Kagan to the U.S. Supreme Court is, essentially, the same type of governing act as the EU decision to bail out European banks vulnerable to the Greek crisis. In both instances political leadership serves the interests of financial elites – plutocracy advancing while veiled by supposedly democratic institutions. In both cases the power of government grows as it defends the critical interests of financial policy [...]
|
It only takes a few moments to share an article, but the person on the other end that reads it might have their life changed forever
Contact Information:
Submit: articles [ at ] investmentwatchblog.com
Advertising: ads [ at ] investmentwatchblog.com
General: admin [ at ] investmentwatchblog.com
|