Thursday, December 29, 2011

Investigation Reveals European Union Floundered in Financial Crisis

At a closed-door meeting in Washington on April 14, Europe's effort to contain its debt crisis began to unravel. READ MORE

Saturday, December 3, 2011

The Winter of Forgotten Hope

By Grant de Graf

A chilly breeze blows across the Alps as winter approaches and politicians continue to search for an economic solution to what is being called the mother of all sovereign debt crises.

Europe spent years of dedicated service in building the Euro with its respective European partners, producing a currency that represented a significant part of the global economy. Today the vision which politicians rallied to support, lies in virtual tethers.

Tony Blair, former British Prime Minister, predicts that Europe has weeks to decide, whether the Euro has legs. German Chancellor Merkel has issued a call for unity and stronger financial discipline among members. Does that mean that the end is nigh? Economically speaking almost everyone agrees, including the leading players within the EU, that in order to survive the Euro has to undergo some fundamental changes. Seemingly there is somewhat of a mismatch between the political determination of European leaders to protect its currency and the viability of the economic blueprint that is associated with the Euro. One ponders whether Europe's leaders have the economic skill and face to be able to structure a plan that can save Europe. Sometimes it takes a greater sense of courage and wisdom to release the eagle from capture, than to ensnare it. The art of falconry was never Europe's strong point.

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How to Play the Central-Bank Rescue

The question on investors' minds is whether this latest rally has legs, or whether it will fade away like so many others in the past few months. REVIEW FURTHER....

Thursday, December 1, 2011

Austerity May Sink Greece As Thousands Protest

ATHENS—Thousands of demonstrators marched through the streets of the Greek capital on Thursday in opposition to government overhauls, a few days before lawmakers start debating a 2012 austerity budget. READ MORE...

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Weak Manufacturing In Euro Zone, China Darkens Global Outlook

The outlook for the global economy deteriorated Thursday, with surveys showing manufacturing activity contracted at an accelerated pace in the euro zone and U.K. in November and shrank for the first time in nearly three years in China. But the U.S., where factory activity expanded, managed to buck the trend.

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World-Wide Factory Activity, by Country

As the world sinks deeper into crisis and central banks around the globe rally to restore economic order, the single statistic that veteran analysts are viewing with hawked eyes, is World-Wide Factory Activity, by Country. This is the what they are seeing. VIEW THE INTERACTIVE...

Mortgages In Foreclosure Have Risen To An All-Time High




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Are There Are Too Many Incubators?

Is the start-up market overcrowded?

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The 25 Most Famous Princeton Students Of All Time

The 25 Most Famous Princeton Students Of All Time:

Close Ties Facilitated Central Banks' Coordinated Moves

Fed Chairman Ben Bernanke and the world's other leading central bankers have developed close ties after fighting crises since 2007, which has made it easier for them to take swift action together when needed. And worries at the Fed and other central banks have been building since the summer that Europe's problems were boiling over into global markets.  READ MORE....