Category: News
News Links: Will Spain spark an EU anti-austerity crusade?
News links for 6 Mar
News Links 03/05/2012
China cuts 2012 growth target to 7.5 percent, stability key | Reuters Chinese Premier Wen Jiabao cut his nation’s growth target to 7.5 percent for 2012 to give the economy more room to slow down if needed while the government carries out promised economic and welfare reforms ahead of a looming leadership transition. tags: china
News Links 03/02/2012
Fannie Mae seeks $4.6 billion in aid after Q4 loss | Reuters Fannie Mae (FNMA.OB), the biggest source of money for U.S. home loans, said on Wednesday it would seek $4.6 billion in additional federal aid after reporting a fourth-quarter loss. tags: fannie bailouts mortgages Greek banks continue to hemorrhage deposits: ECB data | Reuters
News Links 03/01/2012
MMT as an ECB Alternative | Michael Hudson governments spend money (at least in principle) to promote long-term growth and employment, to invest in public infrastructure, research and development, provide health care and other basic economic functions. Banks have a more short-term time frame. They lend credit against collateral in place. Some 80% of bank
News Links 02/29/2012
And the winner is… Greece – Telegraph Blogs tags: Greece economy China, Argentina, and the mystery of the ‘middle income trap’ – Telegraph Blogs tags: China economy Posted from Diigo. The rest of my favorite links are here
News Links 02/27/2012
Obama’s dream: To run against Santorum – The Washington Post Let me be blunt: If Republicans nominate Rick Santorum to run for president, they will lose. tags: republicans elections politics Posted from Diigo. The rest of my favorite links are here
News Links 02/25/2012
Greek statement on bond swap: in full – Telegraph Athens has launched a bond swap with private investors to slash €107bn of the country’s debt. Here is the Greek statement in full. tags: greece defaults restructuring Roubini for World Bank president – Outside the Box – MarketWatch I would recommend someone who predicted the 2008
News Links 02/24/2012
Europe’s banks bleed from Greek debt crisis | Reuters Greece’s debt problems drove a slew of heavy losses across the European banking sector on Thursday, and bosses warned the euro zone crisis would continue to threaten earnings. tags: greece writedowns banks europe Everyone’s Trying to Track What You Do on the Web: Here’s How to
News Links 02/23/2012
More on Savings and Investment | Modern Monetary Realism Steve is pretty sharp. Godley’s theorem tells us we need some sector to run a deficit, but it doesn’t really have to be the government sector. It can easily be a private company or bank which runs this deficit, as long as it’s willing and able
News Links 02/22/2012
Wealthy backers boost Republicans – FT.com Sheldon Adelson, the Las Vegas casino magnate whose family has spent $11m backing Newt Gingrich for the Republican presidential nomination, says he may give “another $10m or $100m” to the candidate, a boast which underlines how the rules of campaign finances are being rewritten for the 2012 election. tags:
News Links: Cauterise and Print
CAUTERISE AND PRINT: GERMANY’S NEWEST PLAN A « Yanis Varoufakis China Injects Funds After Funding Costs Spike – WSJ.com So, how can bankers live with themselves? | Joris Luyendijk | Comment is free | guardian.co.uk Coke Raises Dividend for 50th Straight Year | Crossing Wall Street Google hit with FTC complaint, says circumventing Safari privacy
News Links 02/19/2012
Google Didn’t “Track” iPhones, But It Did Bypass Safari’s Privacy Settings tags: Google privacy browser The WSJ Exposes Google’s Tracking Hack : CJR tags: Google privacy browser Posted from Diigo. The rest of my favorite links are here