Category Archives: Sovereign Risk

Iceland’s Journey

(click here if video is not observable)

Posted in Sovereign Debt, Sovereign Risk | Tagged | 1 Comment

Spain’s PM Rajoy names insiders in new cabinet Euronews

(click here if video is not observable)

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Spain’s New P.M. Unveils Austerity Measures

(click here if video is not observable)

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European Bank Recapitalization

                                                                     Source:   Der Spiegel (click here if chart is not observable)

Posted in Black Swan Watch, Euro, Sovereign Debt, Sovereign Risk | Tagged , , | 3 Comments

China’s Deflating and ‘Eerily Similar’ Housing Bubble

Wow!  Check out this. In January we compared the U.S. and China stimulus, In the U.S., the central bank printed and created money through the expansion of its balance sheet.  In China, the government pressured the  banks to create money … Continue reading

Posted in Black Swan Watch, China, Commodities, Credit, Sovereign Debt, Sovereign Risk | Tagged | 2 Comments

China’s Faces Manufacturing Downturn

China’s manufacturing sector slowing down affecting thousands of factories already on the brink.   Export growth will slow to a two-year low of just 11 percent in November, well off the year’s peak of 38 percent.   Exports to the European Union, … Continue reading

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BBC: Top economists reveal their graphs of 2011

The BBC contacted us earlier in the week about our September post, La Grande Divergence, which included the following chart.   Vicky Pryce, the influential U.K. economist, liked enough to choose it as her favorite of the year.  BBC journalists will … Continue reading

Posted in Black Swan Watch, Euro, Sovereign Risk, State and Local Government | Tagged , , , | 2 Comments

Charle Rose: Robert Rubin on the European Debt Crisis

Good interview with Gillian Tett of the Financial Times and Robert Rubin, former United States Secretary of the Treasury on the European Debt Crisis.  Rubin does make a good point 19:45 minutes into the discussion about Mario Draghi’s debt monetization … Continue reading

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

Wither Commerzbank

As the markets digest the Reuters report Commerzbank is seeking more state aid here’s  an interesting graphic from Der Spiegel.   Where’s that hidden bazooka? (click here if chart is not observable)

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

Italy Works Over 20% More Hours Than Germany and France

The stereotype of lazy southern Europe and the hard working North is just not reflected in the data.   We came across this BLS data set over the weekend which was very enlightening and, in part, smashes this widely held generalization. … Continue reading

Posted in Black Swan Watch, Employment, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , , | 5 Comments