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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

German Pensioners have lost 20% of their purchasing power since 2000

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Spain wants the ECB to guarantee a 200 basis point spread if it seeks a bailout

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Europe brought the IMF into its bailout scheme to enforce discipline and now the IMF have turned on them

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Chart of the day: US household debt-to-income versus debt servicing cost ratios

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Daily: implications of Amazon selling mobile hardware at cost

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Netherlands: Q3’s 17% drop in property transactions suggests housing bust will continue

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Daily: Expect more missed targets and crisis in Spain

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Switzerland and the euro zone: An overlooked currency war in Europe

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Yen Bulls Spooked

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Links 10/10/12

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