3 July, 2015 by The TZ Newswire Staff Comments Off on Can General Motors Arrest Its European Slowdown?
Can General Motors Arrest Its European Slowdown?
3 July, 2015 by The TZ Newswire Staff Comments Off on New Credit Suisse CEO promises ‘ruthlessly selective’ review: FT
New Credit Suisse CEO promises ‘ruthlessly selective’ review: FT
The 52-year old former chief executive of British insurer Prudential said that Credit Suisse may pursue growth by expanding internationally in emerging markets, United States and Switzerland, the FT said.
3 July, 2015 by The TZ Newswire Staff Comments Off on The Superpower Conundrum – The Rise and Fall of Just About Everything
The Superpower Conundrum – The Rise and Fall of Just About Everything
3 July, 2015 by The TZ Newswire Staff Comments Off on Greeks Turn To Bitcoin To Dodge Capital Controls
Greeks Turn To Bitcoin To Dodge Capital Controls
There is at least one legal way to get your euros out of Greece these days, to guard against the prospect that they might be devalued into drachmas: convert them into bitcoin.
3 July, 2015 by The TZ Newswire Staff Comments Off on FBI Admits 11 Attacks Against Internet, Power Grid Lines In California This Year
FBI Admits 11 Attacks Against Internet, Power Grid Lines In California This Year
3 July, 2015 by The TZ Newswire Staff Comments Off on The $100 Trillion Bond Bubble Just Burst
The $100 Trillion Bond Bubble Just Burst
The big story in the world is the bond bubble.
For over 30 years, sovereign nations, particularly in the West have been buying votes by offering social payments in the form of welfare, Medicare, social security, and the like.
The ridiculousness of this should not be lost on anyone. Politicians, in order to be elected, promise to allocate taxpayer funds on social programs that will benefit said taxpayers down the road (we’re simply talking about social spending, not infrastructure or other costs.
3 July, 2015 by The TZ Newswire Staff Comments Off on BofA’s Dire Prediction: Only Direct Government Buying Can Save China Stocks Now
BofA’s Dire Prediction: Only Direct Government Buying Can Save China Stocks Now
Even after this somewhat catastrophic drop, BofAML warns the Chinese market looks expensive. Deleveraging is likely far from over, they add, concluding that the market is a “falling knife” and only direct buying by the government will mark the bottom.
