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Foreclosure Finland Latest Information
Foreclosure Deal With Lenders in Key US States Nears Settlement Greeks Struggle to Resolve Their Differences ( WSJ ) China May See Deeper Slowdown on Crisis: IMF ( Bloomberg ) Banks to take a hit on US home loans ( FT ) Europe’s banks face challenge on capital ( FT ) Smaller Interest-Rate, Credit-Default Swap Trades Seen On Horizon ( WSJ ) Pro-European elected Finland president ( FT ) Push Sputters for Credit-Default Swap Futures ( WSJ ) China Money Rate ... Debt crisis: as it happened, February 3, 2012 The FTSE 100 has closed at a seven-month high after US data showing more US people are in work boosted global markets, while Greece announces it is to auction €625m of Treasury bills next week. Higher Interest Rates Would Hobble U.S. At 5% interest, bond investors would probably be wondering how the feds could stay in business. Most likely, yields would spiral out of control quickly, forcing the feds to print more money to cover deficits. In a matter of days, the whole jig would be up. The US appetite for debt keeps growing While the private sector is de-leveraging, the public sector is borrowing and spending more than ever. Feb. 5 Letters From Readers -- Entitlement mentality; no representation; Democrats and Republicans; bad for America Entitlement mentality Frontrunning: January 24 Fears Mount That Portugal Will Need a Second Bailout ( WSJ ) EU to Have No Deadline for End of Greek Talks ( Bloomberg ) Japan economy predicted to shrink in 2011 ( AFP ) Japan’s Fiscal Pressure Intensifies as Tax-Boost Plan Insufficent: Economy ( Bloomberg ) Berlin ready to see stronger ‘firewall’ ( FT ) Hungary Likely to Lift EU’s Highest Interest Rate ( Bloomberg ) Obama Speech to Embrace U.S ... The Weaker US Finances Get, The More People Seem To Want To Lend It Money We went around the world last week. We wish we could say we learned something. But modern travel has been standardized…and culture and technology have been “globalized”…so that the more you travel the more you feel you never left home. Debt crisis: live The FTSE 100 has closed at a seven-month high after US data showing more US people are in work boosted global markets, while Greece announces it is to auction €625m of Treasury bills next week. |
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