Stacy Summary: ’Superman?’ Probably a bad choice of words . . . And re: Greece, this is something that Max has been saying for the three years since this ‘crisis’ began . . . that losses would continue to be ‘revealed.’ Germany’s ‘Superman’ Economy Grows at Fastest Rate Since Reunification Greek recession ‘deeper than forecast;’ [...]
Entries Tagged as 'germany'
A ‘Superman’ Economy and a Recession ‘Deeper Than Forecast’
August 13th, 2010 67 Comments
Tags: employment · germany · greece
Good Primer on Weimar Republic
August 12th, 2010 6 Comments
First, a quick history lesson. The Weimar Republic was born following the end of World War One. The armistice forced Germany’s monarch, Kaiser Wilhelm, to abdicate and leave the country. In the civil chaos and revolution that followed, other major leaders, like the King of Bavaria, also were forced out of power. A semi-coalition government [...]
Tags: germany · kaiser wilhelm · treaty of versailles · weimar
Double Dips and Currency Wars
July 9th, 2010 42 Comments
Stacy Summary: I found this video interview with Chris Whalen via Jesse’s Cafe Americain. And here is another article from his site with some great, if scary, charts (see one below) about the recent deterioration in the US housing market. Pending home sales:
Tags: double dip · fdic · federal reserve · finreg · germany · gold · housing · jesse's cafe americain · jim rickards · nouriel roubini · resolution authority · russia · sheila bair
Germany: A Presidential ‘Gaffe’ & The Taxpayer ‘Rescuing Banks & Rich Greeks’
June 1st, 2010 61 Comments
Stacy Summary: German president forced to quit after accidentally telling the truth that war is about deranged economic ideology and then another headline about deranged economic ideologies. German president Horst Köhler quits over Afghanistan gaffe Former head of Bundesbank says bailout plan all about ‘rescuing banks and rich Greeks’
Tags: afghanistan · bailout plan · bundesbank · germany
‘Acts of Desperation’ & Hyperinflation Trades
May 19th, 2010 232 Comments
Stacy Summary: The ban on naked short selling in European government bonds and Germany’s 10 largest banks is apparently in place until March 31, 2011. Via @NicAbbo77 here is text of German ban on naked short selling. Regardless, the turmoil doesn’t seem as bad as post Lehman as many were warning yesterday and gold is [...]
Tags: carry trade · germany · gold · naked short selling
Asia Craters, Euro Bellyflops, Germans Fantasize & Bankers Try to Blend In
May 17th, 2010 27 Comments
Stacy Summary: h/t @marietta for the verbiage! Asian markets and euro continue fall Hundreds protest outside bankers’ houses in DC Germans fantasize about currency bloc without the French
Tags: asia market · bankers · euro · eurozone · finland · france · germany · monetary union
The Selling Out of Germany
May 13th, 2010 18 Comments
In some ways it’s a battle of the politicians against the markets. That’s how I do see it. But I’m determined to win this battle. – Angela Merkel Gold Is Money, and Nothing Else. - JP Morgan, testifying under oath to Congress before the Pujo Commission, 1913 The Selling Out of Germany I feel very bad [...]
Tags: germany · gold · michael krieger
Avoiding ‘catastrophe’ and seizing the finance ministry
March 4th, 2010 28 Comments
Stacy Summary: Good morning . . . ? Greece passes new deficit cuts to avoid ‘catastrophe’ Germany snubs Greek aid plea; protesters seize finance ministry in Athens
Tags: athens · deficit · finance ministry · germany · greece
Germany’s Exports Weigh on Europe
February 27th, 2010 33 Comments
Stacy Summary: Lots of German bashing in the comments. And some Greek bashing. Hopefully we can discuss more economic issues surrounding how to get out of the massive trade imbalances that have marked the past few decades and also the fiscal issues of many of these governments having expanded their deficits when they transferred massive [...]
Tags: deficit · europe · exports · germany · greece · surplus





















![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_euoz_2.gif)




