Ireland

China’s Debt Bubble: When Will the Ponzi Unravel? « naked capitalism FT Alphaville – Tracy Alloway – The IMF on Germany’s Bank-Asset-Berg Los Angeles, Toledo, Other Cities and States Press Municipal Labor Unions to Cut Pension and…

Highlights The US dollar has continued the decline that began before the weekend on news of the EU/IMF deal over Greece.  However, after testing resistance near $1.3550 in Asia, the euro surrendered its latest gain as the market is…

Fitch downgrades Illinois ratings, may cut again | Reuters The Last Temptation of Risk – Barry Eichengreen Economic Principals – Bloggers and Journalists New Economic Perspectives: The Chinese Are Coming! The Chinese Are Coming! Oh…

FiveThirtyEight: Throw All The Bums Out? Bad Idea. China Drawing High-Tech Research From U.S. – NYTimes.com Arizona Drops Children’s Health Program – NYTimes.com Hillaryland – Swampland – TIME.com China tries to cool yuan…

AIB has the 'worst loan book' ever seen in Europe - Irish, Business - Independent.ie China Blames U.S. for Strained Relations - NYTimes.com FT.com – Gideon Rachman – Japan edges from America towards China Why do journalists expect to…

With the anxiety caused by the Greece situation alleviated for the time being by last week's successful auction, words of support from Germany and especially France over the weekend, and follow through gains in the Greek debt market,…

The last feature on the list of links below is on CRE in Washington D.C. where the economy is fairly robust. If you know anything about these properties, you would agree these are not poor properties at all. The problem with them is not…

This is just in from the FT: Germany recorded a budget deficit of 3.3 per cent of gross domestic product last year, one point more than the most recent forecasts, but still well below the level for most of Europe’s larger economies.…

I wanted to highlight a few articles on Greece below. Due to time constraints, I cannot translate this Dagens Nyheter article (Borg tror inte Greklands plan räcker - DN.se). But the general gist is one of Sweden’s premier Borg supporting…

As I am still away for the week, you have seen a lot of posts from others. I do still have a lot of links though, and may do two (or three) for today. Here is the first batch.  Enjoy! Edward Irony: Greek Banks Aren't the Most Exposed…