Credit Writedowns – Page 293 – Finance, Economics, and Markets

Credit Writedowns

Finance, Economics, and Markets

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

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

Daily: Data not really pointing to recession outside of Europe

The euro disaster is about more than just current account imbalances

The Growing Pain in Spain

On euro weakness and capital flight out of the euro zone

Europe will need to accelerate implementation of its bail-in and bank resolution scheme

Following the US bailout model will create losses for Spanish bank preferred and sub debt

Where Achuthan does explicitly say the recession would begin in Q3 or Q4 2011

Why the Spanish Memorandum of Understanding is a disaster for Spain and Europe

Daily: More on the unravelling of Europe’s summit agreement

Rajoy’s humiliating defeat to Merkel narrows options to sovereign bailout, monetisation or default for Spain