Tag: copyright

March 18, 2013 0

Merkel Says "Cyprus is a Special Case" (So was Greece); Is Spain the Next "Special Case"? Portugal? Merkel Guarantees German…

By News Desk

The pertinent question for today is “How many lies will people believe?” I ask that because a German government spokesman says The compulsory levy to pay the depositors in Cyprus, was a special case as Merkel guarantees German deposits for the first time since 2008. The compulsory levy to pay the depositors in Cyprus, is a “special case”, says the Chancellor.

March 18, 2013 0

Cyprus Bailout Math; Can Depositors Be Left Whole?

By News Desk

Inquiring minds are wondering about the terms of the bailouts imposed upon citizens of Cyprus. I am one of them. In Cyprus Details: Blackmail, Bulldozer Threats, Bank Holiday to Tuesday; Reflections on Arrogance and Idiocy , I made the claim that Cyprus depositors need not be liable for any of this

March 10, 2013 0

Not Enough Fingers to Contain the Leak in the Dyke

By News Desk

Please consider Dutch support EU referendum Dutch lawmakers have been forced to debate a referendum on any further transfers of power to the EU after a citizens’ petition demanding a plebiscite garnered 40,000 signatures in two weeks. Although parliament is not obliged to follow through with legislation, the move underlines the surge euroscepticism in one of the EU’s founding members, which could pose an obstacle to any further integration needed to bolster the eurozone

March 7, 2013 0

In Praise of Theft and Fraud (But Not Deceit)

By News Desk

For a look at "hockey stick inflation" please consider Is Inflation the Legacy of the Federal Reserve? Wolf : If the BoJ sought to return to the level of nominal GDP implied by 3 per cent annual growth from 1997, it would be committing itself to annual increase of close to 9 per cent a year over the next decade. That could surely reduce the real burden of debt! Mish : Wolf is disingenuous.