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To find the lies of the day, I just finished reading Obama’s State of The Union Address . The primary lie was easy to spot.
Original post: Forced Conscription: Ukraine to Mobilize 200,000 Armed Forces; Hyperinflation on the Way?
The Bloomberg editorial board says Not Even Mario Draghi Can Save Europe Now . I certainly agree with that title. Had that been the entire article in and of itself, I would have said "the Bloomberg editorial board gets it".
Please consider IMF Cuts Global Economic Growth Forecasts .
Continue reading here: Expect a Blowout Win by Syriza in Greece
More here: Race for Negative 30-Year Yields Underway, Swiss In Front With 0.295%; Futility of Draghi’s Upcoming QE
More here: Race for Negative 30-Year Yields Underway, Swiss In Front With 0.295%; Futulity of Draghi’s Upcoming QE
Because of increase strength in the Krone and speculation Denmark would abandon its peg, Danish central Bank Slashes Rates to -20bps . The central bank in Copenhagen lowered its deposit rate to minus 0.2 percent from minus 0.05 percent, according to a statement today. The lending rate was cut to 0.05 percent from 0.2 percent.
For details, please see It Only Takes One: Hedge Fund Manager Who Survived Five Debt Crises Wiped Out Overnight on Swiss Franc Repercussions This Swiss Franc peg story goes far beyond speculation on the Swiss franc.