naked capitalism Mon 2010-04-19 18:46 EDT

Soros, Galbraith and Stiglitz on resisting inevitability in Greece

However, for now, it is Greece which is on everyone's mind...Kevin de Bruxelles says: ...I have to give credit to Angela Merkel. She is holding a pretty strong hand and it is now clear we are down to two choices for the endgame. The bailout solution will be international, in other words not limited to the Eurozone, and the amounts donated will be proportional to the risk each country holds. Or Greece simply defaults, probably first on their Anglo-Saxon debt (in return for low interest loans from Germany and France!), and each country then just bails out their respective banking system.

Galbraith; Greece; naked capitalism; resisting inevitability; Soros; Stiglitz.

Jesse's Café Américain Mon 2010-04-19 15:22 EDT

Jim Rickards: Possible Run on the Gold Bank, Fed Insolvent, Currency Endgames in US Debt Crisis

Jesse

...There is obviously not enough gold and silver to cover the physical demand if holders of paper certificates in unallocated accounts demand delivery, and most likely only a small fraction could be covered with the practical supply available. Cash settlement will be enforced in the majority of cases...

Currency Endgames; debt crisis; Fed Insolvent; Gold Bank; Jesse's Café Américain; Jim Rickards; possible running.

Wed 2009-04-01 00:00 EDT

naked capitalism: More on Big Bank Endgames

Big Bank Endgames; naked capitalism.

Wed 2009-04-01 00:00 EDT

naked capitalism: Citi Endgame Nigh?

Citi Endgame Nigh; naked capitalism.

Mon 2008-11-03 00:00 EST

Guest Commentary

The Credit Crisis Endgame, by Paul Amery (PrudentBear); ``the cost of insuring against a US government default has risen by 25 times in little over a year''; ``Signs of strain in the US Treasury market are already there...poor bid-to-cover ratios, and long tails''; Reinhart, Rogoff "Forgotten History of Domestic Debt"

guest commentary.

Sat 2008-07-12 00:00 EDT

naked capitalism: Fannie and Freddie: Conservatorship as Endgame?

conservatorship; ENDGAME; Fannie; Freddie; naked capitalism.

Wed 2008-07-09 00:00 EDT

naked capitalism: Roubini's on the Endgame for Bretton Woods 2

Bretton Woods 2; ENDGAME; naked capitalism; Roubini s.