By EconMatters
After MF Global went bust…, most people believe it was an extreme “spectacular recklessness” under Jon Corzine, and that the U.S. banks should have only “moderate” European Exposure. However, banking stocks have been under pressure with increasing
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Everyone is wondering about the next disaster to befall Europe. Italy is one focus; Spain is also a possibility. But these crises are already under way. Instead, the next crisis will be political, not in the sense of what conventional…
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EU report says UK could face double dip:
Report warns the UK could slip into negative growth over next six months
PM says the Treasury is planning for all eventualities
France and Spain could be next to face contagion as …
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By David Merkel of Aleph Blog…
I want to toss out a half-baked idea for others to play with, criticize, and adjust.
But first, a fully baked idea: the Euro was doomed to fail. Any core Euro after kicking out
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Michael Lewis, author of “The Big Short,” “Moneyball” and “Liar’s Poker,” is out with a new book called “Boomerang…,” In a recent interview, Lewis stated that he sympathizes with Meredith Whitney after
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By Francesco Giavazzi, Professor of Economics at Bocconi University and author (with Alberto Alesina) of “The Future of Europe: Reform or Decline“. CEPR Research Fellow
The global macroeconomy is at a juncture; some economists argue for continued fiscal …
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European governments face the quandary of being unable to afford to bail out banks that are still considered too big to fail, while the global economy is heading for a slowdown in the second half of the year, economist Nouriel…
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