Entries Tagged as 'spain'

A Lehman style tsunami of bad debt and suspending QE

February 5th, 2010 233 Comments

Stacy Summary:  More on that next leg down.

Fears of ‘Lehman-style’ debt tsunami as crisis spreads to Spain & Portugal

BoE may suspend quantitative easing

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Spain tips into depression, 7 years housing supply on market

September 25th, 2009 65 Comments

Stacy Summary: Unbelievable. And yet house prices have only fallen by 10% since the peak. Guess sellers are waiting for a recovery. LOL. But it also shows you what a wild misallocation of capital happened during the Greenspanesque cheap money era; during also the monetary union which saw Spain [...]

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Unemployment jumps, Spain rallies

September 4th, 2009 41 Comments

Stacy Summary:  Maybe Spain is performing so well because everyone is a contrarian these days?

US unemployment jumps to 9.7%

Spain rallies 20% despite collapsing economy & 18.5% unemployment

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Headlines, Headlines, Headlines – 30 March 2009

March 30th, 2009 13 Comments

The Stacy Summary:  Banks return to profitability thanks to Obama’s Marie Antoinette moment.  Detroit told to ‘pound sand’ and more US taxpayer money went into the bankers black hole of market fraud.

“Let them have stained carpets” – Obama’s Marie Antoinette moment

Is AIG why banks were profitable Q1?

AIG responsible for banks January and February profitability

Obama denies [...]

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