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Read the original: Harvard Professor Frankel Proposes "ECB Should Buy US Treasuries" to Fix Eurozone Problems
See original article: Book Review: The Money Bubble (What to Do Before it Pops) – Two Thumbs Up
Followup post by el Economista The Ministry of Economy approved the bankruptcy reform legislation to save viable businesses including a provision that transforms debt into equity . If creditors representing at least 60% of the financial liability agree, forced conversion of loans into equity may last up to five years. If creditors representing at least 75% of the financial liability agree, forced conversion of loans into equity may last ten years
Bloomberg reports Japan Says Bitcoin Not Currency Amid Calls for Regulation .
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More: Nonfarm Payrolls +175,000, Household Survey +42,000; Unemployment Rate 6.7%
Continue reading here: Blank Check Proposal for More Tax Hikes Heads for Illinois Legislature; Picking-Your-Pocket Numbers: How Much More Will…
According to The Hill … Rogers supports impeaching President Obama, repealing ObamaCare and “crushing Wall Street.â€Â She also advocates the reinstatement of the Glass-Steagall Act to limit securities trading, and has a detailed plan for space exploration and harnessing thermonuclear fusion energy. In the past, she’s drawn Hitler mustaches on Obama posters and likened ObamaCare to practices of Nazi doctors
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Read this article: Back from the Brink: Ruble Rebounds, Stocks Soar as Putin Sees ‘No Need’ for Military Force in…