Daily Archives: July 14, 2009 @ 2:12 pm (Tuesday)

IMF Says U.K. Can’t Afford 2010 Stimulus

[Skip to the end] This says a lot more about the IMF than the UK: IMF Says U.K. Can’t Afford 2010 Stimulus, Telegraph Reports The U.K. is alone with Argentina as the only members of the Group of 20 that … Continue reading

Posted in Deficit, Government Spending | Tagged , , |

Germany looking into dollar bonds

[Skip to the end] >    >   (email exchange) >    >   On Tue, Jul 14, 2009 at 11:10 AM, wrote: >    >   Why do you think Germany is looking at issuing dollar bonds? >    Good question! They think the odds of the Fed bailing … Continue reading

Posted in Deficit, ECB, Germany | Tagged , |

Amount Outstanding Under Dollar Liquidity Swaps

[Skip to the end] coming down nicely, thankfully! [top]

Posted in CBs, Currencies, ECB | Tagged |

Trading adds nothing to the real economy

[Skip to the end] Darn, you’re good!!! Going on my blog. Part of what it does is transfer funds from pension funds and the like to Goldman employees which adds some to aggregate demand. What a way to run an … Continue reading

Posted in Trading | Tagged |


[Skip to the end] Karim writes: Retail sales weaker than expected (especially in light of fact that May/June were peak months for consumer provisions in stimulus package) 0.6% headline; 0.3% ex-autos; -0.2% ex-autos and gasoline PPI Headline up 1.8%; 0.5% … Continue reading

Posted in Daily | Tagged , |