Thursday, November 10, 2011

European Policy Makers Out of Their Depth

European Policy Makers Don't Understand, But Markets Do 
By Rebecca Wilder
So here we are: the Italian yield curve is flat at above 7%; the government institution is in question; and the ECB is using its SMP purchase program as a carrot to drive austerity implementation in and Berlusconi out. Some would argue that the ‘market is irrational’ – Italy faces a liquidity not solvency crisis. That’s the IMF’s line, and I don’t buy it... READ MORE

Is Spain Preparing Life Rafts?

Analysis: Spain recession more likely on new austerity

EU Faces 'Deep, Prolonged Recession'

BRUSSELS—The European Union Thursday slashed its growth forecast for the 27-nation bloc in the coming year and said it can't exclude the possibility of a "deep, prolonged" recession.,, READ MORE:


Europe’s Next Nightmare

By Dani Rodrik -



Europe is Stuck On Not So Merry-Go-Round

Europe's Struggle to Keep Growing

Possibilities of a Greece Exit from the Euro

A Greek Euro-Zone Exit Would Be Messy

Why Will Europe's Crisis Impact US Markets?

Centurion Holdings CEO Joe Grano on why the debt crisis in Greece and Italy affect the U.S. markets and what is needed to boost the housing market.

Will the Crisis in Italy Spur Euro Zone Break-up?

Political and economic crisis in Italy spurred fears of a split in the euro zone with borrowing costs for Europe's third biggest economy near unsustainable levels and the bloc unable to afford a bailout..READ MORE.



Is Italy About To Ask For A Bailout?

Is Italy About To Ask For A Bailout?

5 Reasons 'Core Europe' Won't Work - Seeking Alpha

5 Reasons 'Core Europe' Won't Work

How Government is Impacting Poverty

Economist's View: Poverty With and Without a Safety Net

South Africa's Credit Rating Takes a Bath

Goldman's Jim O'Neill Denied This Country Of BRIC-status And Now Its Credit Outlook Is Negative

U.S. E-Commerce Spending Up 13% In Q3

U.S. E-Commerce Spending Up 13% In Q3
By Leena Rao

E-commerce spending continues to rise as more consumers look to online retail channels to purchase goods. comScore just released its online retail numbers for the third quarter of 2011, and online retail spending in the U.S. reached $36.3 billion for the quarter, up 13 percent versus year ago.

EURUSD Breaks 1.35 (Lowest In A Month) As Data Disappoints

EURUSD Breaks 1.35 (Lowest In A Month) As Data Disappoints

How I Found My First Big Job

Generation Jobless: How I Found My First Big Job
By MELISSA KORN And LAUREN WEBER

Sterling Has Luck of the Irish, For Now

Sterling Has Luck of the Irish, For Now

Neighbors Feel Euro Zone's Pain

How Italy's Woes May Revuberate

Reading Between the Lines on Italy's Woes


Original Sin And The Euro Crisis

Original Sin And The Euro Crisis