ShareOne of the larger problems in the unfolding meltdown in Greece is the fraud apparently perpetrated by past Greek governments to conceal their true levels of debt. This is having a very adverse effect on Greek credit spreads to (German) Bunds. 
10-year Greek bonds are trading at 6.67%, while German 10-years are at 3.14%, a [...]

ShareThe following link goes to an hour-long video from the Russia Forum 2010 featuring famed investors and market watchers Hugh Hendry and Nassim Nicholas Taleb. Marc Faber was the moderator. The session is “Investments: Where is the Money in 2010 – What are the Risks?" from the second-day of the three day forum.
 

 
Source
Session Video [...]

ShareThis is a post which was originally published at A Fistful of Euros.
Well there certainly is a lot happening out there at the moment. And Monday’s successful bond sale which left the Greek government triumphantly proclaiming they could comfortably meet their 2010 borrowing program now seem to belong to a lifetime ago. The bond raised [...]

ShareBill Gross is out with his latest monthly investment outlook. He is taking on the issue of sovereign debt. This is an issue that has moved center stage, especially in the wake of the surprise Thanksgiving debt moratorium announcement in Dubai.
What caught my eye was this chart below.
 

The obvious implication of the chart is [...]

ShareJim Chanos was on CNBC talking about, amongst other things, China.  And while he is bearish on China, the quote that jumped out at me was the one in the title.
He is bearish on China because of an unprecedented credit-induced bubble in Chinese real estate. He quotes 30 billion sq. ft. of construction underway [...]

ShareMy favorite economic entertainer is back with his usual over-the-top semi-apocalyptic comments about government officials, the U.S. and more.  Here are a few choice quotes from Dr. Doom followed by the full videos of his session on Squawk Box on CNBC Europe below.
On Obama
I don’t have a very high opinion of Mr. Obama. I was [...]

ShareBack in July, Ed pointed to some comments by George Soros on currencies that I felt were perceptive. Soros said:
The dollar is a very weak currency except all the others.

With most major currencies down significantly against the dollar, we now see the truth in that statement. I want to add some color and connect this [...]

ShareI woke up this morning thinking about James Baker’s October 1987 comments on the dollar which many feel precipitated the 1987 crash. This was on my mind as I contemplated the implications of Obama’s recent regulatory announcement bombshell. The market has been jittery the last two days and the VIX is way up. So, 1987 [...]

ShareHat tip gaius marius.
Rogers is not just bullish on agricultural commodities. He is bullish on oil too. Rogers says:
Over the next decade or so, oil is going to go much, much, much higher because known reserves are declining at a very rapid rate.

As for agricultural commodities, he’s talking about severe shortages of food. Stock up.

ShareFrom cuddly teddy bear, to growling starving bear, here is your bear market index, courtesy of FallStreet.com. Hat tip Scott.