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News Links 01/23/2012
New York Times Tells Us Only Chinese Near Slave Labor Could Handle Steve Jobs’ Demands « naked capitalism
News Links: Portugal to need Greek style debt haircut
News links for 21 January 2013
News Links: Don’t Be Fooled: Nothing Is Priced In
Financial news links for 20 January 2012
Greece Debt Talks Remain in Focus Ahead of the Weekend
Dollar pares back some of its recent losses ahead of the weekend; focus on Greek debt negotiations. A leaked draft of the new EZ fiscal pact contains tougher rules; growth sensitive currencies top performers. We, along with the consensus,…
News Links: Does Austerity Promote Economic Growth?
Does Austerity Promote Economic Growth? - Robert J. Shiller - Project Syndicate
Policymakers cannot afford to wait decades for economists to figure out a definitive answer, which may never be found at all. But, judging by the…
News Links: ECB contemplates buying non-government debt as QE
Financial news links for 18 January 2012
News Links: Is Europe About to Unravel?
Is Europe About to Unravel? - Tim Duy's Fed Watch
The key problem always was the internal imbalances, a problem for which European policymakers have never offered a credible solution. They simply don't have such a solution…
News Links: How’s That Austerity Working?
How's That Austerity Working? - Tim Duy's Fed Watch
How can this downward spiral end with anything other than a technical default? It can't, which is why the debt talks collapsed. The cuts necessary to bring Greek…
News Links: ECB’s Draghi Says Debt-Crisis Strategy Is Working
Draghi Says Debt-Crisis Strategy Is Working as ECB Postpones 'Armageddon' - Bloomberg
The ECB's massive injection of cash into the financial system last month is beginning to lubricate seized credit markets and there are…