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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
Monthly Archives: May 2012
Danielle on Financial Survival Network today
“Debt elimination and repudiation is the only way the existing world’s economic disaster can end. The world’s central banks will not be able to print enough currency units to keep all of the losing enterprises afloat. Unfortunately, sacrifices will have … Continue reading
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Restoring the rule of law will go a long way in cleaning up fraud
Chris Whalen, senior managing director at Tangent Capital Partners, and Bill Rochelle from Bloomberg News talk with Bloomberg Law’s Lee Pacchia about how the so-called in pari delicto defense stops trustees from suing for fraud in cases such as MF … Continue reading
Spanish debt too big to bail
Arnab Das, managing director at Roubini Global Economics, told CNBC, “A disorderly ‘Grexit’ could accelerate the process in Spain but even if we don’t have something untoward in Greece I think part of the problem is that people are starting … Continue reading
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