Monday, September 12, 2011

@22:45, 09/11/11

http://www.nytimes.com/2011/09/12/opinion/an-impeccable-disaster.html?ref=opinion

"And now it’s all coming to a head. We’re not talking about a crisis that will unfold over a year or two; this thing could come apart in a matter of days. And if it does, the whole world will suffer.


So will the E.C.B. do what needs to be done — lend freely and cut rates? Or will European leaders remain too focused on punishing debtors to save themselves? The whole world is watching."  P.K.



http://www.calculatedriskblog.com/2011/09/sunday-night-europe-and-futures.html
http://www.nytimes.com/2011/09/12/business/global/german-dissent-magnifies-uncertainty.html

"Fears about Europe’s deteriorating finances intensified on Sunday as new doubts about the health of French banks, as well as Germany’s willingness to help Greece avert default, left investors bracing for another global stock market downturn this week."

Speculative
http://www.nytimes.com/2011/09/12/business/returning-greece-to-the-drachma.html?ref=europeansovereigndebtcrisis


I seem to be out of news.

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