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Tag Archives: Priorities
Just wow….
The levy will see deposits of more than 100,000 euros in Cypriot banks hit with a 9.9 percent charge when lenders re-open their doors on Tuesday after a scheduled bank holiday on Monday. Under that threshold and the levy drops … Continue reading
Europe, Occupy and Economic Centrality
Remember that many governments don’t care what happens to their people: The 50% haircut, however, is really not 50% because the EFSF and ECB, which hold 55% of all Greek debt, are exempt from the haircut. So, at the max, … Continue reading
Non-existant promises
The Euro keeps its course: The fun take away for me: Weinberg believes emerging nations do not want to start paying for rich countries trying to avert economic decline. Yeah, not to mention that the question isn’t really, for the … Continue reading
World's Only Rational Man 