White House Refutes European Complacency...
• http://www.zerohedge.com, by Tyler DurdenWhite House Refutes European Complacency: Warns Grexit Threatens Global Economic Recovery
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White House Refutes European Complacency: Warns Grexit Threatens Global Economic Recovery
Bank Of England Exposes US Cronyism: Questions Why Buffett's Berkshire Hathaway Is Not Too Big To Fail
The first half of April has been one of the deadliest period for migrants attempting to cross the Mediterranean Sea.
Stunned Greeks React To Initial Capital Controls And The "Decree To Confiscate Reserves", And They Are Not Happy
At long last the deniers have thrown in the towel. Grexit is now the base case as Europe Braces for Messy Greek Endgame.
As eurozone officials prepare for further talks on Greece, investors are sceptical that Athens can agree reforms that will unlock further bailout funds
Did Greece Just Launch Capital Controls: "Mandatory Cash Transfer" Decreed Due To "Extremely Urgent Need"
In January when we first brought news of one of China's largest developer's inability to cover interest payments on its debt, we raised the question of who's next.
Europe's biggest cheerleader for austerity is heading to the polls, and its stance on Greece threatens to catalyse a break-up of the union
Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high?
The Greek "White Knight" Emerges: Putin To Give Athens €5 Billion For Advance Gas Pipeline Fees
Since I began writing analysis for the liberty movement more than eight years ago, I have always said that we will know when the endgame of the globalists is upon us when the criminals come out into the light of day and admit to their crimes.
As we observed yesterday when we showed that if comparing the collapse in China's housing market with that of the US following their respective peaks..
Get ready for another major worldwide credit crunch.
Denials in Greece about its sorry state of affairs are now so ridiculous that even some ardent Greek supporters are likely laughing out loud (off the record of course).
Yes, more Greece, ever more Greece. Well, the focus is still very much there.
Just as China was closing for trade and Europe was opening, something previously unseen happened:
While the Chinese are long to bed, futures continue to trade on their exuberant stock market... and it's going south in a hurry.
Well that escalated quickly...
DAX is plunging this morning, hitting news lows for the day, as the last 2 days have been the biggest drop in the Q€-juiced index since mid-December.
A few days ago, when looking at the latest quarterly compendium of humor, aka the IMF's world economic outlook release, we showed the reason why economists are such horrible forecasters: all they do is extrapolate trends.
Would this save the world economy? The world's central banks have a problem.
Data from the Bank of Greece for March shows net Target2 liability for Greece increased by another €5.27 billion in March to €96.427 billion.
Generally, the IMF is wrong every which way about nearly everything.
First it was DSK with his 'frequent' sex-parties, rape charges, and pimpin' hookers.
Athens could force pension funds to transfer assets to the government as desperate Greeks tout possibility of delaying IMF repayments
Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Japan last held in August 2008.
One proposed solution to Greece's European debt problem is for the Mediterranean country to abandon the euro and resurrect its old currency, the drachma.
The Reserve Bank of Australia (RBA) will not intervene in oversight of digital currencies such as bitcoin at the moment, The Australian Business Review reports.
Greece is getting ready to default on at least some of its debt payments, according to the Financial Times.