Eurozone Poll Results

Results from our “Future of the Eurozone” poll are in: Limited to one answer, here’s how you responded to “What is the future of the Eurozone?”: Muddle through: 41% The entire thing will fly apart: 32% Greece will exit: 14% All the...

And Here on Our Side of the Pond

Enough with the bad news. Let’s turn to the US. (No, this is not the introduction to a stand-up comedy routine.) US Trust publishes a regular Investment Advisory Overview, and in the current issue (August 2011), after the obligatory macroeconomic analysis, they...

26% of Global GDP: Part 3

Third and last (at least for now) in our series on the crisis in the Eurozone. Our question for the day is simple:  Who believes the Eurozone can survive as currently constituted? As usual, Martin Wolf of the FT has some lucid observations. He starts by...

Scary Chart

Here’s a depressing chart, courtesy of the enthralling and overwhelming All Things Data site Calculated Risk.  This shows the percent of job losses relative to the peak employment month for every post-WWII US recession (there have been 11). You can see...

26% of Global GDP: Part 2

Some conceptual confusion seems to be surrounding the crisis in the Eurozone, over whether it’s a banking crisis or a sovereign debt crisis. Answer B. Why isn’t it a banking crisis, as the pressures on Societe General, Banco Santander, BNP Paribas,...
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