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.’
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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 Asia Pacific headlines for our show this week.
[Denninger's] Disclosure: Short the American people, who appear to be as dumb as a box of rocks for putting up with this crap.
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Posted in Headlines
Tagged 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.
Updated:
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Posted in Headlines
Tagged Add new tag, baugur, bond vigilantes, channel islands, china, enron, gilts, goldman sachs, iceland, jon asgeir Johannesson, nanomaterials, us dollar, US treasuries