Category Archives: latin america
U.S. Inventories and Production Levels: Natural Gas & Crude Oil
U.S. Inventories and Production Levels.
The market will open down 100% tomorrow, Thank You, Republican National Security Debate
Tonights Republican debate is focusing on national security and foreign policy issues. So far, the candidates have been unable to understand if the next Iranian regime will likely want nuclear weapons too. I guess “Africa is a country”…and according to Rick Perry’s math “half a trillion” is actually equal to “500 million.” we should spendContinue reading “The market will open down 100% tomorrow, Thank You, Republican National Security Debate”
EU Vassals.
One, politics in Europe are local, not “European.” Two, monetary, fiscal, and labor policy are at the core of the problems in the GIIPS. Third, The EU had better identify itself and make its presence known- finally. It is her “fight or flight” moment. The Entire EU hangs in the balance, and coupled with thatContinue reading “EU Vassals.”
Managing Economic Crises, Don’t Forget the Impact of Natural Disaster
The human cost to natural disasters like the one in Turkey weeks ago include injuries and temporary and permanent disabilities, temporary and permanent displacement of people, increased poverty and disease, and psychological scars. In addition Economic costs, based largely on direct infrastructure or losses of fixed capital and inventory, are also underestimated. Many indirect effectsContinue reading “Managing Economic Crises, Don’t Forget the Impact of Natural Disaster”
Crisis of Confidence
At this point it really doesn’t matter which way the crisis in Greece goes. The worlds confidence has fallen as bond markets have shown more alarm and the GIIPS have been forced a bailout. Government debt situations and the banking industry and heavily linked GLOBALLY, and more is likely to come (MF GLOBAL). The fallContinue reading “Crisis of Confidence”
“This is a question of whether we remain in the euro zone. This is very clear. It’s clear to everyone” – Papandreou
Ok, here is the itinerary: The ECB is meeting on November 3rd. The G20 is meeting on November 3-4, The Papandreou is attending on the 2nd day. A Eurogroup meeting will follow on November 7th, followed by an EU Ecofin meeting on November 8. The Troika was meant to disburse the sixth tranche of theContinue reading ““This is a question of whether we remain in the euro zone. This is very clear. It’s clear to everyone” – Papandreou”
Europe’s Besieged Banks, Relief….MF Global & Greece’s Ejection
EU banks have received a short period of relief from the unpleasant sovereign debt crisis of the GIIPS. As bank shares recovered from political efforts to provide a comprehensive program for resolving the crisis. The recent 29% writedown on Greek debt held by the private sector and a plan to help support bank racapitalisation byContinue reading “Europe’s Besieged Banks, Relief….MF Global & Greece’s Ejection”
Brazil the World’s 6th Largest Economy
Since 1990, the poverty rate in Brazil has halved, declining on average by 1.2% a year. This year Brazil’s economy is forecast to grow by 3.6%. Brazil is on track to overtake Britain to become the sixth largest economy in the world. With a GDP per person, at around $11,000, Brazilhas been growing at anContinue reading “Brazil the World’s 6th Largest Economy”
"I've got a new invention. It's a revolving bowl for tired goldfish." 