Category Archives: Bonds

UK Veto Is A Smokescreen For Much Greater EZ Failures

The headlines in the aftermath of last week’s EU summit have largely been focused on the UK veto but surely the more important issue is what Germany is unwillingly to do to save the Euro. Economists generally agree that two … Continue reading

Posted in Bailout, Bonds, Debt, ECB, Economics, Euro Zone, European Central Bank, Germany, Ireland, Merkel, Quantitative Easing, Sarkozy | Tagged , , , , , , , , | Leave a comment

Politicians Owe Banks A Bailout

One concern of the bank bailouts in 2008, was that capitalism works by allowing bad businesses to fail, enabling stronger growth through competition. However, although there may have been some validity to this given banks’ exposures to risky mortgage-backed securities, … Continue reading

Posted in Bailout, Banking, Bonds, Debt, Euro Zone, European banks, Greece, Portugal | Tagged , , , , , | Leave a comment

Time To Shock And Awe Euro Zone

Congratulations to German Chancellor, Angela Merkel, for winning the vote in the Bundestag on the EUR440 billion EFSF. But, it’s not big enough. To save the Euro a “shock and awe” policy needs to be implemented to remove any doubts … Continue reading

Posted in Bailout, Banking, Bonds, Debt, ECB, Economics, Euro Zone, European Central Bank, Germany, Greece, Ireland, Merkel | Tagged , , , , , , , , | Leave a comment

Dithering Only Makes Matters Worse For EZ

Angela Merkel, Forbes’ most powerful woman in the world, is acting more like a rabbit dazzled by the headlights of the oncoming Euro Zone juggernaut as she reluctantly acts to save the Euro Zone. But dithering will get her nowhere and … Continue reading

Posted in Bailout, Bonds, Debt, Euro Zone, Germany, Merkel, Politics | Tagged , , , , , , , | Leave a comment

Euro Zone Needs Credible Bank Run Insurance

The financial markets are in crisis mode once again. The flight-to-quality is in full effect with safe haven assets in high demand; gold is breaking new highs every day while US and UK government bonds are falling to record lows. … Continue reading

Posted in Bailout, Banking, Bonds, Debt, ECB, Economics, Euro Zone, European banks, European Central Bank, France, Germany, Merkel, Recession, Sarkozy, US | Tagged , , , , , , , , , , , , | Leave a comment

In The Know

August 17 2011 GUARDIAN – The crisis facing Britain’s education system The gulf between schools educating the well-off and the disadvantaged has never been bigger. And things are only likely to get worse in the coming years. http://www.guardian.co.uk/education/2011/aug/16/crisis-britains-education-system BLOOMBERG – Asian … Continue reading

Posted in Ambrose Evans-Pritchard, Austerity, Banking, Bonds, Daily Telegraph, Debt, Democrats, Euro Zone, Financial Times, France, Germany, Merkel, Republicans, Reuters, Sarkozy, US, Wall Street Journal | Leave a comment

In The Know

August 16 2011 TELEGRAPH-Germany’s Angela Merkel faces eurobond mutiny : The simmering revolt in the Bundestag makes it almost impossible for Mrs Merkel to offer real concessions at Tuesday’s emergency summit with French president Nicolas Sarkozy. “We are categorical that the … Continue reading

Posted in Bonds, Daily Telegraph, Debt, ECB, Euro Zone, European Central Bank, Fed, Federal Reserve Bank of New York, Financial Times, Germany, Greece, Merkel, Portugal, Republicans, Sarkozy, US | Leave a comment