Archive for July, 2011

Friday, July 29th, 2011

Global slump warnings if US triggers ‘insane’ default
Economy grinds to halt as consumers pull back
Spain Placed on Downgrade Review by Moody?s
Hurtling toward economic chaos
Italian, Spanish Bonds Slump on Concern European Aid May Not Be Sufficient
Home Sales Contracts Rise, But Cancellations Run High
New Jobless Claims Fell to 388,000 last week
Flee to Mars if America commits worst error since 1931
How a U.S. Debt Downgrade May Affect Consumers
Stocks, Commodities Fall on Durable Goods Decrease, Debt Ceiling
Lessons from the malaise
Home prices dip 4.5%
Where’s the volume? Stock trading quiet in July
Moody’s downgrades Greece again
Jobless rates jump in 28 states in June
What next for house prices?
Let us hope that the US realises quite what a mess it?s in
Europe’s ideologues took the whole world to the brink of disaster

Saturday, July 23rd, 2011

China’s spectacular real estate bubble is about to go pop
Banks still want a waiver
Curse Those Who Gave Us Bank of America
The lesser depression
$14 Trillion in Debt, But Who Owns All That Money?

Monday, July 18th, 2011

Markets braced for falls as EU argues over Greek bailout
Letting bankers walk
Bank share slide hits markets as eurozone worries continue
Germany says Greek debt hit ‘unavoidable?
We’re spent
We should have listened to Zhu Min years ago ? don?t ignore him now
As a Watchdog Starves, Wall Street Is Tossed a Bone
European banks set for ‘chaos Monday’ after nine fail
Indebted Nations Must Cut to Thwart Crisis
2nd Loans, 2nd Wave of Losses

Wednesday, July 13th, 2011

Italy money supply plunge flashes red warning signals

Twenty percent drop in housing to cause recession in 2012

Irish bonds cut to junk status on bail-out worries

Europe steps back from the abyss, for a day

Pessimism deepens as economic concerns rise

German ‘Nein’ leaves Italy and Spain in turmoil

Plunge Brings Europe Debt Crisis to Italy

U.S. Trade Deficit Unexpectedly Surges on Oil

Europe considers Greek default, leaders to meet

Taken to Task: Jamie Dimon’s house of ill repute

Monday, July 11th, 2011

Italy and Spain must pray for a miracle
Economy faces a jolt, as benefit checks run out
As accord with the banks nears, questions swirl about extent of government probe
No we can’t? Or won’t?
Italy debt contagion fears hit markets
Euro bailout package for Italy must be doubled
Somehow, the Unemployed Became Invisible
The West is in for a rude awakening after years of abusing ‘risk-free’ debt
High Street rocked by huge rise in profit warnings
Sheila Bair’s bank shot
As Wall Street policies itself, prosecutors use a softer approach
Wages fall in sagging jobs market
How bad is it? Pawn shops, payday lenders are hot

Friday, July 8th, 2011
ECB tightens noose on Southern Europe
 
DISMAL JOBS REPORT
 
U.S. Earnings Set for Smallest Gains in 2 Years
 
Italian Yields Reach Nine-Year High as Debt Crisis Spreads
 
Europe declares war on rating agencies
 
Consumer delinquencies tick up in first quarter
 
Housing prices: No rebound in sight
 
VIDEO: U.S. Debt, Default & Beyond: Financial Armageddon Is Inevitable
 
Lehman Borrowed $18B From Secret Fed Program
 
Building Boom in China Stirs Fears of Debt Overload
 
Job Gains in Private Sector Are Illusory for U.S
 
China has raised interest rates for the third time this year

 

Tuesday, July 5th, 2011

Seven reason the US needs a Good Depression now
German Bonds Rise; Spanish, Italian Bonds Decline on Greek Default Concern
The Scariest Risks to the Economy
Big banks easing terms on loans deemed as risks
Stocks face jobs report test
Funds Cut Commodity Bets to One-Year Low on Growth Outlook
Minnesota government shutdown reflects widespread budget paralysis
The swindler and the home loans
Greece debt rollover would be classed as a default, warns S&P
For Home Prices, It’s Back to at Least 2004

Friday, July 1st, 2011

Foreclosure backlogs taking longer to process
Minnesota government shuts down
Kansas City Fed chief Thomas Hoenig sounds alarm
The West must stop living on the never-never
US monetary policy: a boon to banks
New investment strategy: preparing for end times
Greece First Carriage in World Fiscal ?Train Wreck?
First, blame the lenders
UK’s small businesses would be hardest hit by Greece default