Hard hitting global and local news
Does Mitt Romney really "Know Better" than the silly things he has said on the campaign trail lately? I ask the question because that subject came up twice recently, once in Time Magazine , and once in the Financial Times .
Read the original: Greek Bailout on Hold Again, Is Obama Partly to Blame? IMF Economic Hit Man Hypocrisy
The Telegraph headline IMF chief Christine Lagarde says US needs to rein in its banks is the illusion that briefly (very briefly) led me astray.
More: Spain’s Fiscal Deficit 8.56% of GDP in First Half; Impossible Second Half Targets
See more here: Help Stop Special Interest Groups and Unions From Buying Politicians; Vote Yes On Proposition 32
See the article here: Eurozone Steepest Contraction Since June 2009; Unwarranted Hope and Reflections on Panic! Economists Can Neither Think…
Read the article: Japanese Exports Sink 3rd Month; Flash China Manufacturing PMI Shows Output down at Sharpest Rate in Ten…
View article: Reflections on Social Media and Demographics
If you are seeking an amusing yet disconcerting diversion from QE talk, please consider Lawmaker fined about $4,000 for insulting EU chief . How much does it cost to tell the one of the EU’s top officials he has "the charisma of a damp rag?" About €3,000, or close to $4,000, as a European member of Parliament has discovered.
Continue reading here: Austria Central Bank, Germany Place Conditions on Spain Bailout and Bond Purchases