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Hard hitting global and local news
Bloomberg reports Bundesbank Widens Euro Rift With Criticism of ECB Bond Plan . Germany’s Bundesbank stepped up its criticism of the European Central Bank’s plan to embark on potentially “unlimited†government bond purchases, widening a rift over how to tackle the sovereign debt crisis.“The Bundesbank holds to the opinion that government bond purchases by the Eurosystem are to be seen critically and entail significant stability risks,†the Frankfurt-based central bank said in its monthly report today. The new program “could be unlimited†and decisions about potentially far greater sharing of solvency risks should be taken by governments or parliaments, not by central banks, it said
Posted by EliRabett at 5:36 PM Â 3 comments: Anonymous said… It’s interesting how Australian ecology differs from the ecologies of other continents, in terms of the nature of its trophic webs. The geological isolation of Australia, together with its ancient, nutrient-poor soils, mean that there is a great skew toward the lower trophic levels: that is, there ain’t much room for a large biomass of top predators on the continent
Here is a link to a translated article in Der Spiegel: ECB is planning to challenge interest rate speculation The European Central Bank (ECB) is considering to establish in its future bond purchases interest rate levels for each country. Thus, they would state papers of the crisis countries always buy when interest rates exceed a certain impact on their yields German Bunds.
Original post: New York City Jobs: Striking Divergence in Household Survey vs. Establishment Survey
Anonymous said… You think that Tony has it in for you? Well, I’d like to let you know that I have also been a victim of Tony’s not-so-righteous wrath.Not long ago, I committed the ultimate crime (in Tony’s eyes).
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional
The Fortune 500 Bleeds America Dry in Perpetual War for Global Expansion. by Tony Cartalucci August 18, 2012 – RT recently aired a piece titled, " Homemade bombs beat high-tech?
