Economy

This is an interesting way of looking at it. I have been under the same impression a lot of people are, that the system is teetering on the edge and policy makers are being pushed by markets to save/reform it. But what if what Soros here…

Moody's Investors Service has today placed Belgium's Aa1 local and foreign currency government bond ratings on review for possible downgrade, while affirming its short-term ratings at Prime-1.

A chart which breaks down the job losses and gains by industry

Franco-Belgian bank Dexia is being officially nationalised according to two Belgian newspapers.

This is a Friday night massacre over in Europe. Fitch, the ratings agency, first downgraded Italy one notch, from AA- to A+, following in Moody's footsteps for earlier this week. Then, just a few minutes later, Fitch cut Spain's credit…

I don’t follow the Spanish banking sector well enough to know what hidden value Banco Pastor has but I find it curious that it is the subject of a takeover bid at a 31% premium by Spain’s fifth largest bank, Banco Popular.

The following is a brief outline of "Gold and the 'Flations," published in the April 2005 Gloom, Boom & Doom Report. General talk has it that gold is a hedge against inflation. We might take this a step further and conclude that a…

Another informative chart from the IMF showing the fundamental problem in Europe’s banking system - excessive leverage and dependence on wholesale funding. Add to that overexposure to highly indebted sovereigns with deteriorating credit…

Since the fourth quarter of 1972 (when founded) the most important thing that the BRT does is a survey once a quarter which provides a forward looking view of the economic outlook of BRT's 140 member CEOs. One of the other major changes…

This is an argument in favor of not avoiding recession but of avoiding depression.