Behind The Scenes, European Banks Freak Out About Lending To Each Other
Hmm....where have I heard this beat before? Oh yeah 1931.
Focusing on current trends and ways to profit from them "There's a sucker born every minute. These are the people who believe that this time it's different. "
Thursday, May 6, 2010
The Market Goes Berzerk
The Market Goes Berzerk
WOW! I need some popcorn! Saw the Cramer stuff live. Awesome TV. Euro stopped at 1.25. More bloodshed to come
WOW! I need some popcorn! Saw the Cramer stuff live. Awesome TV. Euro stopped at 1.25. More bloodshed to come
Euro hits 14-month low; ECB says no bond buying Currencies - MarketWatch
Euro hits 14-month low; ECB says no bond buying Currencies - MarketWatch
Wow massive slid (on a forex scale). Looking at 1.24. this was the lowest level a year ago. We break that no more techincal stops.
Wow massive slid (on a forex scale). Looking at 1.24. this was the lowest level a year ago. We break that no more techincal stops.
Shocker: Major corporations may dump health insurance, pay penalties instead
Hot Air » Shocker: Major corporations may dump health insurance, pay penalties instead
Unintend consquence contine from the heath care bill.
Unintend consquence contine from the heath care bill.
Freddie Mac: Another $10.6 Billion From Taxpayers – 24/7 Wall St.
Freddie Mac: Another $10.6 Billion From Taxpayers – 24/7 Wall St.
Money pit needs more and more and more.....
Money pit needs more and more and more.....
Wednesday, May 5, 2010
Tuesday, May 4, 2010
If It Smells Like A Funding Crisis And It Looks Like A Funding Crisis... | zero hedge
If It Smells Like A Funding Crisis And It Looks Like A Funding Crisis... | zero hedge
I give it 50-50 we are about the have a large stock market correction
The Dollar rally’s which is the only thing going up are very bad. The last two where 1997- Asia crash and 2000 when the Dot Com bubble started to crack.
I also suspect that we are in a first stage sovereign bank run against the Euro. IE everyone not in the EU is selling hard. If the Euro crack 1.28 it is going to be ugly.
Just my two cents
I give it 50-50 we are about the have a large stock market correction
The Dollar rally’s which is the only thing going up are very bad. The last two where 1997- Asia crash and 2000 when the Dot Com bubble started to crack.
I also suspect that we are in a first stage sovereign bank run against the Euro. IE everyone not in the EU is selling hard. If the Euro crack 1.28 it is going to be ugly.
Just my two cents
Fears for crops as shock figures from America show scale of bee catastrophe | Environment | The Observer
Fears for crops as shock figures from America show scale of bee catastrophe | Environment | The Observer
What is the difference between a recession and depression? Famine. Just saying.
What is the difference between a recession and depression? Famine. Just saying.
Is The Contagion Officially Spreading? Merkel Calls For "Orderly Insolvencies"
Is The Contagion Officially Spreading? Merkel Calls For "Orderly Insolvencies"
The small brush fire is now a nice raging fire. I am sure we can put this out somehow. Maybe some Gasoline and Euro's would help.
The small brush fire is now a nice raging fire. I am sure we can put this out somehow. Maybe some Gasoline and Euro's would help.
Monday, May 3, 2010
Greek Bailout Set, Papandreou Faces Challenges To Remain Premier – 24/7 Wall St.
Greek Bailout Set, Papandreou Faces Challenges To Remain Premier – 24/7 Wall St.
How to make your government unstable. Sell out your goverment to forgien banks. Take away benefits from the workers. Watch the bonfires go!
How to make your government unstable. Sell out your goverment to forgien banks. Take away benefits from the workers. Watch the bonfires go!