Posts Tagged ‘grow’
By The Sizemore Letter
A picture is worth a thousand words:
The ECB’s efforts to halt the European sovereign debt crisis have left the bank with a bloated balance sheet that is likely to get a lot bigger. If Spanish or Italian bond yields have another upward spike, expect the ECB to come to the rescue–whether Germany’s [...]
If anyone should know, it is the Governor of the BOJ. For those too young to remember, in the 1980s, Japan was China before China was China….
That’s not what commodity bulls want to hear as they swim in a pool of red ink…
Well there’s your problem!
ECB executive board member Bini-Smaghi says that Germany will continue to outpace the rest of Europe growth-wise. This will make it very difficult, in a fixed exchange rate regime, for Club Med countries to maintain competitiveness. It is very difficult to pull out of recession in an uncompetitive economy unless a rise [...]
