currencies – Page 31 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Indian deficit will grow to 6.2% as industrial output shrinks again

Draghi’s comments about the ECB doing “whatever it takes” are irrelevant

Draghi’s plan: Rescue fund to buy bonds on primary and ECB on secondary market

The Euro as the SDR of Europe

Thoughts on German sentiment regarding bailouts and the euro

A Copernican Turn in Macro

Stagflation is becoming entrenched in Argentina’s economy

Chart of the day: Germany biggest winner from euro fixed exchange rates

More on the euro disaster and current account imbalances

Chart of the Day: Germany in breach of Maastricht Treaty in 8 of 10 years since 2002