Hard hitting global and local news
Inquiring minds may be interested in a chart of Spanish public debt over time to see how the policies of Spain and the Troika are working out in practice. Evolution of Spanish Public Debt Over Time I picked that chart up from estrategiastendencias . My stab at a translation of text regarding public debt reads "Spanish banks are deluded.
The correct interpretation of course is "the risk of instability is huge". Please consider Haruhiko Kuroda says rates must stay low until economy improves . Haruhiko Kuroda, Japan’s central bank governor, said the country’s financial system could cope with rising interest rates only once the economy improved, as he laid out the stakes in his attempt to tame the volatile bond market.
Originally posted here: Beppe Grillo Supports "Referendum on the Euro Within a year"
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See more here: France Private Sector Implosion Continues
Nikkei Plunges 1,143 Points (7.32%); Global Equities Hammered; Start of Reflation Bubble Bust? Posted by Michael Shedlock at 1:49 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice
Accounting Today reported on October 6, 2011 McCain and Hagan Introduce Repatriation Tax Holiday Bill . Senators John McCain, R-Ariz., and Kay Hagan, D-N.C., introduced legislation Thursday allowing multinational corporations to repatriate their foreign earnings at a reduced tax rate.
Please consider California exchange granted secrecy .
Gold ETF Liquidates 300 Tons of Gold This Year; Reflections on Momentum Trading Posted by Michael Shedlock at 10:46 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
German Chancellor Angela Merkel sealed the fate on that score as Berlin plans to streamline EU but avoid wholesale treaty change .