Tagged: bailouts

Why not sell German bonds? 0

Why not sell German bonds?

The German 30 year bond is yielding 2.8%: bloomberg.com The US 30 year bond is yielding the same: Yahoo Finance There is no margin of safety in Germany debt against the strong likelihood that...

Video: Public employee of the year awards (SNL) 0

Video: Public employee of the year awards (SNL)

Mish put this up a few days ago. If you haven’t seen it, it’s a must-watch. http://www.popmodal.com/nvp/player/nvplayer.swf?config=http://www.popmodal.com/nvp/econfig.php?key=eb054f3ea718f61adfa1 – This version may play better in the US: http://www.hulu.com/embed/AmuCTb1tvO-5YOc5N-97Mg This is why your state and local...

That great economist, Ben S. Bernanke 8

That great economist, Ben S. Bernanke

For your amusement, here’s Bernanke a couple of years ago doing his best to downplay our problems: – To the dismay of many a fair-minded observer, Bernanke the Fool has been nominated for another...