…Calmly observing the changing world
One of the realities of life is that debt skews a relationship. Mostly because the lender wants his money back, and assurances of repayment only work for so long. And if the lender is Germany and the debtor is Greece, the time has come for something even more drastic in Germany’s eyes. Jokes about island [...]
Argentina bailout bank failures Bernanke bonds bull market China crash Cuba currency debt debt crisis ECB economics EU Euro Euro spread fascism federal reserve Federal Reserve buying treasuries foreign currency Geithner Georgia Germany GM gold Greece Iceland interest rates Japan Keynesian money nationalization Obama Obama Care rating agencies Russia sarcasm silver state's rights Switzerland Tea Party Tea Party Salem Oregon The Federal Reserve ZLB