Tag: finances

October 19, 2014 0

Nonperforming Spanish Loans Near All-Time High as Overall Credit Shrinks

By News Desk

Nonperforming Spanish Loans Near All-Time High as Overall Credit Shrinks 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. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

September 24, 2014 0

Law of Excuses: It’s Always Something (But Never the Right Thing)!

By News Desk

For example and via translation from La Vanguardia, France Blames Deficit on Jihadist Terrorism, Lack of Inflation . French Prime Minister, Manuel Valls, said today that his country’s military missions against jihadist terrorism, along with public investment in education and security make it difficult to meet deficit limits

September 24, 2014 0

Miracle Not Enough to Save Italy; Disruptive Eurozone Breakup Awaits

By News Desk

Financial Times writer Wolfgang Münchau provides an excellent example in Italy Debt Burden is a Problem For Us All . Münchau’s opening gambit is " We need extreme and co-ordinated policy to make it possible for Italy to ultimately stay in the eurozone. " Münchau states, " I think it is high time to address the consequences of failure with more clarity than is usually done