Paulson Calling For A Greek Default

According to Paulson & Co., a hard default by Greece could spell economic disaster of unprecedented proportion along with the breakup of the Euro.  In his 2011 recap letter to clients, he…


ECB Won’t Step Up Bond Purchases: Draghi - Bloomberg

This is really pretty incredible.  It's surprising to me that more people  are not talking about this.  While the headline reads all doom and gloom, if you read the article, the ECB just provided…


For Europe, Only Way Out Is to Break Up: Kyle Bass - Yahoo! Finance

For Europe, Only Way Out Is to Break Up: Kyle Bass CNBC – 47 minutes ago   With no workable solutions in sight and a sovereign debt crisis only likely to get worse, the European Union is likely…


Beyond the European Debt Crisis?

I've found some interesting reading material on the European debt crisis.  The markets are completely obsessed with this rightly or not.  I'm equally obsessed, I have to admit so enjoy these musings…


U.S. Stocks Little Changed Amid Economic Concern; Oil, Euro Rise

Aug. 19 (Bloomberg) -- U.S. stocks fluctuated between gains and losses as investors weighed growing concern over the global economy and Europe’s debt crisis against valuations near the cheapest level…


Euro Rises to Two-Week High as Bailout Terms for Greece May Ease

By Catarina Saraiva and Allison Bennett July 21 (Bloomberg) -- The euro advanced to the highest in two weeks against the dollar as officials said European governments may expand the region’s bailout…