Stacy Summary: Nothing to see here, just keep moving on. Hundreds die in hottest summer in India since records began in late 1800′s The death toll is expected to rise with experts forecasting temperatures approaching 50C (122F) in coming weeks. More than 100 people are reported to have died in the state of Gujarat where [...]
Entries Tagged as 'india'
Hundreds Die in Indian Heatwave & in Tropical Storm in Latin America
June 1st, 2010 48 Comments
Tags: heatwave · india · record summer temperatures
Currency wars, carry trades and IMF gold
November 25th, 2009 20 Comments
Stacy Summary: The next stage of the global crisis is clearly happening in the currency grid, led by the collapsing reserve currency. Russia to cut rates to fight carry trade speculators India may buy remaining IMF gold (h/t @snipertrader)
Tags: carry trade · imf gold · india · russia
Water wars, fiscal deficits and investing in extinction
July 12th, 2009 58 Comments
Stacy Summary: First, some info on guest confirmed for next On the Edge – we have Karl Denninger. Next, here are the headlines I am reading this morning . . . when supply and demand gets ugly. Water wars in India Mitsubishi buying up blue fin tuna as an investment in the extinction of the [...]
Tags: india · mitsubishi · uk deficit · water wars
Multiple simultaneous ‘debt explosions’
July 6th, 2009 60 Comments
Stacy Summary: Okay, I have eyewitness deflation report for you. A rather posh restaurant only 50 yards from our apartment has had a fixed lunch menu for 4 years now set at 25 euros. This included three courses and a glass of wine and the place was always packed (it’s not exactly an enormous restaurant). [...]
Tags: debt explosion · deficits · federal reserve · india
India drops a dollar nuke on holiday weekend Friday
July 3rd, 2009 49 Comments
Stacy Summary: Yikes. Next week’s G8 is going to be verrrry interesting. India’s Tendulkar says government should diversify forex reserves
Headlines, Headlines, Headlines – 16 April 2009 [Updated]
April 15th, 2009 21 Comments
Stacy Summary: A Saudi Prince losing control of his Kingdom. In the United Kingdom, meanwhile, a nation where a man’s home is his casino castle, mortgage chip holders are now underwater and sinking fast. Prince Alwaleed begins selling off his Kingdom to finance his Citi habit Moody’s expects house price falls of 40% in UK, [...]
Tags: china · citi · imf gold · india · jpmorgan · KHC · moody's · prince alwaleed · state sales taxes · tarp · uk government deficit · uk houseprices · unemployment rate




















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