Category Events

How We Got Here – The 2008 Financial Crisis For Dummies


Originally posted on Justice League:
It could never happen again, right? h/t 2020Crash.blogspot.com

News from the Costa Blanca……


I have been recharging the old batteries in sunny Spain for a few weeks now….back to the land of the (barely living) in Ireland next week, but it is good to see a different perspective on matters financial and legal, so the following is a summary of local and national news from Spain, some of […]

OXI OR NAIA IN GREECE: DARK ARTS, MEDIA BIAS & GENUINE CONFUSION ARE ALL IN PLAY


Originally posted on The Slog.:
Do the pollsters know what they’re doing? Do respondents know what they’re being asked? The Slog investigates why the Greek Referendum opinion polls are all over the place – and concludes that the predictions are at best misleading. Last Sunday, Alco polling in Athens showed 57% of respondents ‘wanted a…

GIVING A FALSE IMPRESSION: Jeremy Hunt, the Eurogroupe, Nigel Farage and Dermot O’Leary – which is the odd one out?


Originally posted on The Slog.:
The discreet nastiness of the Four We See It may well be that Jeremy Rhyminge-Slange equates dangerous radicalism with youth. In which case, he is decisively mistaken: I am lonely, elderly, and stranger than most. I would also like very much to be invited into Huntstruck Towers, as I have…

Puerto Rico cannot pay back more than $70 billion in debt


Originally posted on Follow The Money:
http://www.washingtonpost.com/business/economy/puerto-rico-says-it-cannot-pay-its-debt-setting-off-potential-crisis-in-the-us/2015/06/28/cbae1bc4-1e05-11e5-84d5-eb37ee8eaa61_story.html The governor of Puerto Rico said in a televised address Monday that the island cannot pay back more than $70 billion in debt, setting up an unprecedented financial crisis that could rock the municipal bond market and lead to higher borrowing costs for governments across the United States. “This…

S&P downgrades Greek credit rating..European banks lose €50bn as Greek debt deadline nears


Originally posted on Follow The Money:
http://rt.com/business/270547-greece-credit-rating-downgrade/ Standard & Poor’s has downgraded Greece’s credit rating from CCC to CCC-, increasing the probability of an exit from the Eurozone to 50 percent. “In our view, the probability of Greece exiting the eurozone is now about 50 percent,” S&P said in a press release. “Also, we believe…

THE MISSING PIECES IN THE GREECE v TROIKA2 PUZZLE: A FINAL ANALYSIS…..


Originally posted on The Slog.:
…..of the Final Solution Well, The Slog’s informants (all two of them) were on the money (or lack of it) in predicting Troika2 would reject the latest ‘big move’ red-line crossing by the Greek government. The situation since that time has been confused, and so SNAFU continues to reign supreme:…

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