When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Saturday, October 29, 2011

Europe: the crisis is not over--

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Europe: the crisis is not over--

1. The problem is not solved --
An EU Summit mis-think: The pitfalls in official first-loss bond insurance | vox - Research-based policy analysis and commentary from leading economists: . . . Italy is a lot like Fukushima . . .

2. The markets know it --(watch the Italy/Germany spread)
But the stock markets went up Thursday you say? The stock markets today are full of traders and speculators--if you're an investor, it's best not to hang out in bad neighborhoods!


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects