2010

A lot of other cool graphics from Spiegel, including debt and deficits throughout Europe.. See sources at the bottom for more (like when periphery bonds come due, Italy included).

Below are some monthly lists of items removed from the monthly Consumer Price Index Summary calculation and the excuses for doing so. (The lists were cut-and-pasted from the BLS website at the time. It looks as though the BLS only posts…

This chart from Spiegel gives you a sense of the magnitude of the deficit reductions that must be accomplished in order to get the European periphery under the Maastricht 3% hurdle.   Source: Spiegel

The US dollar is up across the board as concerns about European peripherals festered and comments from North Korea fanned fears of further escalation on the peninsula. Despite the likely announcement of an €85bln rescue package for Ireland…

Here's the bullish case for shares. I don't think you can sustain this in tech beyond a short-term rally without a robust investment in capital by business. And I suspect that would also mean increased hiring as well.

Happy Thanksgiving to our American readers. Here are two posts to keep in mind on this day of giving thanks. The Bill Black post is meant for progressives but I think is applicable for all of us. The second post is a reminder that the price…

After an initial dip, the dollar edged higher in the Asian session, along with the yen, though trading ranges were pretty subdued. Comments from People's Bank of China officials suggested the central bank will adopt more measures to rein in…

The 30-year campaign of the wealthy to rig our economic system – especially the tax component – for their own benefit will accelerate with the GOP capture of the House of Representatives and the likely capture of the presidency and Senate…

Part 1.  Will Europe face defaults? Its official – Spain and Portugal will need to be bailed out soon.  How do I know? In one of my favorite TV shows, Yes Minister, the all-knowing civil servant Sir Humphrey explains to cabinet…

Europe David McWilliams: Pouring more cash down banking black hole is theft - David McWilliams, Columnists - Independent.ie FT Alphaville » Extensive Irish forbearance, what was it good for? Portuguese unions strike as euro…