Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
View original post here: Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
Hard hitting global and local news
View original post here: Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
Taken from: The Axe is in Position, Only the Timing of the Swing is in Question
Another "Euro Is Saved" Moment in Pictures Posted by Michael Shedlock at 11:25 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
Bad Bank Losses 30-90%; Food Supplies Down to Two Days; Plenty of Fuel, Not enough Cash Capital controls and a good-bank, bad-bank structure is what is now on the table.
New Demands Every Half-Hour From IMF; Can Cyprus Be Saved? Impossible Math Cypriot President Nicos Anastasiades was picked up by private Jet and is now meeting with the cardinals in Brussels (IMF, EU finance ministers, ECB, Various Government leaders) according to Cyprus Mail .
Backing up what Ambrose Evans-Pritchard said with hard data, the Italian site Il Sole 24 Ore reports New Fall in Bank Lending to Households and Businesses . Loans to businesses and non-financial families continue to face strong decrease