Category Archives: Sovereign Debt

Quote of the Day: The New Americans of Europe

Here’s the pretext for our QOTD, The German parliament is set to approve a new multibillion euro bailout package for Greece on Monday, but instead of thanks, southern Europeans are expressing their dislike of us. Germans will have to get … Continue reading

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G20: Jerry Maguire, The Sequel

Wow!   We didn’t realize Tim Geithner and the G20 could move like that.  If you look hard and long enough,  Tom Cruise does kind of resemble Angela Merkel, no? (click here if video is not observable)

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G20 moves closer to bigger eurozone bailout fund

(click here if video is not observable)

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IMF Still Sees Risk in Greece

(click here if video is not observable)

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Greek bond swap brings new downgrades

(click here if video is not observable)

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Euro Fracture: Greeks Urged to Boycott German Products

Keep this on your radar.   Ugly politics heighten deal risk. (click here if video is not observable)

Posted in Black Swan Watch, Euro, Geopolitical, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Greek Credit Writedown! Finally…

The just announced 2GB — Second Greece Bailout — is a misnomer.   We wouldn’t exactly call a deal where private creditors reschedule all maturing bond payments for the next ten or so years into a 30-year bullet with a 50+ … Continue reading

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No Yen for the Yen….

We’re sure you’ve noticed the Yen’s swan dive against the U.S. dollar.  Last week’s monetary measures by the Bank of Japan in the global “race to debase” gave it an added kick, The Bank increases the total size of the … Continue reading

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Euro Fracture: Reform Fatigue Increasing

Political backlash and reform fatigue are Europe’s biggest risk over the medium-term, in our opinion,  and need to be monitored closely.  Politicians have yet to convince many of their constituents of TINA – There Is No Alternative. (click here if … Continue reading

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Monti taps the Church

If the Monti is successful in reforming Italy, maybe he will be made Pope! (click here if video is not observable)

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