Tag Archives: regulators

Will the Euro Survive, or Will Spectacular Incompetence Kill It?

By Ambrose Evans-Pritchard June 3, 2012 Switzerland is threatening capital controls to repel bank flight from Euroland. The Swiss two-year note has fallen to -0.32pc, not that it seems to make any difference. Denmark’s central bank said it was battening … Continue reading

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Currency Issuing Governments Need Not Fear Deficits.

There Is No Such Thing as a Sovereign Budget Deficit. http://www.marketoracle.co.uk/Article19705.html By Mike Whitney Deficits create demand. Demand generates spending. Spending generates economic activity. Economic activity generates growth. Growth generates jobs, increases government revenues, reduces deficits and ends recessions. Simple, … Continue reading

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Bond Traders Declare Inflation Dead After Yields Fall

http://www.bloomberg.com/apps/news?pid=20601103&sid=aqpASviGyLQc April 26 (Bloomberg) — The bond vigilantes who punished governments for profligate spending in past years have gone into hiding. Sovereign bonds yield an average 2.385 percent, about the same as a year ago and below the average of … Continue reading

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Exactly How Hard Can Financial Reform Be?!

Force Credit Default Swaps onto Transparent Exchanges “Too Big to Fail” Must Go Excessive Leverage Must Go Separate Commercial and Investment Banking – Again Read the entire John Mauldin article here: http://www.frontlinethoughts.com/article.asp?id=mwo040910 Credit Default Swaps What happened in the last … Continue reading

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Where’s a Jacksonian when you need one?

Read the entire article here: http://baselinescenario.com/2010/03/04/why-exactly-are-big-banks-bad/#more-6656 Big banks cannot be reined in through some clever tweaking of the rules. The issue before us is intensely political – just as it was in the first decade of the twentieth century (and … Continue reading

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Finally! A Bureaucrat I can Learn to Love.

Here’s a guy who finally understands his job. Let’s see if Pres. Obama understands his and get’s behind this guy. It still remains to be seen if the banks really do own Congress and are able to derail this upstart. … Continue reading

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