Stacy Summary: Obama’s claims to be a fierce advocate of the US style ‘free markets’ (cough, cough) reminds me of the radio show host (below) who thinks Hank Paulson is a champion of ‘free markets.’
Greece: How bond vigilantes left it in ruins
Obama loves ‘free markets’
Tags: bond vigilantes · free markets · greece · obama
Stacy Summary: These headlines contradict any pronouncements on ‘green shoots’ and ‘bottoms.’ Speaking of bottoms, did you see the Bruno / Eminem clip? You will have to hunt that down for as soon as it goes up on Youtube, Viacom has it taken down. Also, I am looking for interesting New Zealand, Australian and/or other [...]
Tags: black swan · bond vigilantes · bradford & bingley · fdic · gilts · hyperinflation
Stacy Summary: The global currency and sovereign debt grid are once again in today’s headlines; and those headlines are ominous for the economic futures of US & UK.
China sold US Treasuries heavily in January and February
Are bond market vigilantes saddling up?
China must make yuan convertible to extend influence
Baugur properties transferred to its chairman’s personal [...]
Tags: Add new tag · baugur · bond vigilantes · channel islands · china · enron · gilts · goldman sachs · iceland · jon asgeir Johannesson · nanomaterials · us dollar · US treasuries