Stacy Summary: Good morning, y’all! Anyone here on the ground Greece to provide on the ground commentary?
Entries Tagged as 'greece'
Fitch warns Greeks first year of fiscal austerity is easiest, gets harder next year, and harder still the following year
March 10th, 2010 21 Comments
Stacy Summary: Ooooooh boy. And by the way, there is a downgrade warning in the article just for you @Mike/Liverpool.
Fitch warns UK and questions Greek rescue as sovereign risk grows
“The first year is fiscally the easiest. Next year they have to cut another 3pc of GDP, and the following year a further 3pc,” said Chris [...]
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
Raising Taxes & Cutting Services; Maintaining Bailouts, Wars & Interest Costs
March 3rd, 2010 113 Comments
Stacy Summary: These two headlines work quite well together for what is perpetually wrong with end of Empire days. The costs of war and oligarchic plunder will just continue until it all collapses into a whole heap of nothing; but until we get there, well buckle up.
Greece raises taxes and cuts more services in [...]
Tags: cutting services · greece · raising taxes
Record Euro Gold, DaVinci Ransom and Greek Bailout
March 1st, 2010 289 Comments
Stacy Summary: The DaVinci gang seems to have taken a page out of Hank Paulson’s rule book.
Greek bailout in the works?
Gang holds DaVinci painting to ransom
Gold hits record high in euro (ZeroHedge w/ great chart below)
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
[Video] Max Keiser Interview on Freedomain Radio
February 26th, 2010 64 Comments
Stacy Summary: Max interviewed with Freedomain Radio yesterday and here it is today.
Tags: debt · freedomain radio · goldman · greece · max keiser
[VIDEO] Max Keiser on Greek Debt Crisis on Inside Story
February 24th, 2010 212 Comments
Stacy Summary: Air date: 24 February 2010. In case you missed it live . . .
Tags: goldman sachs · greece · greek debt · max keiser
Downgraded banks, troubled banks and Wall Street bonuses
February 23rd, 2010 185 Comments
Stacy Summary: If this were a boxing match, the ref would have rescued the guy on the ropes from the merciless pummeling by now.
At worst possible moment, Fitch downgrades Greece’s largest banks
Consumer confidence in US falls more than expected
FDIC: Number of troubled banks rises 27%
Wall St. bank bonuses up 17%
Tags: bank bonuses · consumer confidence · downgrade · fitch · greece · troubled banks
‘Nothing Inappropriate’ and Obama’s Proposal
February 22nd, 2010 108 Comments
Stacy Summary: Go at it . . .
Goldman claims it did ‘nothing inappropriate’ in Greek swaps
Obama finally releases his health care reform proposal
Tags: goldman · greece · health care · obama






















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