Archive for August, 2011File not found. The Really Real Deal: European Debt Crisis Continued
People are gradually losing faith in Italy, while Cyprus is the peripheral of the peripherals currently in deep economic troubles.Austerity In A Weak Economy Is Not Nice
With economic data getting weaker and weaker, the deficit reductions accompanied by the increase of debt limit is not really welcome.After Sweeping Away The Debt Ceiling Rubbish
The deal have been reached, pending vote by the House. While disaster is avoided, a slow-motion train wreck will continue. Meanwhile, refocus to Europe.China: July PMI Shows Continued Slowdown
The official PMI number shows a continuous slowdown in manufacturing, while the HSBC PMI shows a downright contraction in manufacturing.Debt Ceiling And Right-Wing Nutters Or Traiters
The world is watching the self-directed crisis of the debt ceiling with tears, laughter and horror. This is nonsense, and spending cuts now is bad economics.