The Elegant Simplicity Of The Greek Conundrum
John M. Fox WCBS studios, 49 East 52nd Street, NYC 1948 It’s really not that hard. It’s even elegantly simple. But that still requires you’re willing to listen, willing to think, and you don’t go into...
View ArticleDebt Rattle February 21 2015
Russell Lee “Yreka, California. Magazine stand” 1942 • German-Led Bloc Willing to Let Greece Leave Euro: Malta (Bloomberg) • A Lawyer’s Mindset Where An Economist’s Is Needed? (Steve Keen) • Greece...
View ArticleIt’s Time for Angela Merkel to Stand Up
Jack Delano Union Station, Chicago, Illinois 1943 I need to start of off the bat with an update to this piece, which I started writing yesterday, since I now know that Angela Merkel actually did invite...
View ArticleWhy Not Tell Greece How To Run A Democracy?
Harris&Ewing Washington Monument, view from air 1919 I know I’ve talked about this before, but it just keeps coming and it keeps being crzay. Bloomberg ‘reports’ that the ‘German Finance Ministry’,...
View ArticleDebt Rattle June 13 2015
Lewis Wickes Hine Night scene in Cumberland Glass Works, Bridgeton, NJ 1909 • Investors Yank $9.3 Billion From Emerging Markets, Most in 7 Years (WSJ) • Fed Tantrum Sets Off Biggest Exodus From...
View ArticleWith Yanis Gone, Now Troika Heads Must Roll
Dorothea Lange ‘A season’s work in the beans’, Marion County, Oregon 1939 Now that Yanis Varoufakis has resigned, in the kind of unique fashion and timing that shows us who the real men are, it’s time...
View ArticleDebt Rattle July 12 2015
DPC Up Sutter Street from Grant Avenue, San Francisco 1906 • China’s Real Problem Isn’t Stocks – It’s Real Estate! (Harry Dent) • Greece Crisis: Europe Turns The Screw (Paul Mason) • EU Leaders’ Greece...
View ArticleTsipras Invites Schäuble To Fall Into His Own Sword
DPC On the beach, Coney Island 1907 Too many voices the past few days are all pointing the same way, and I’ve always thought that is never good. A guessing-based consensus, jumping to conclusions and...
View ArticleThe Troika And The Five Families
Esther Bubley Watching parade to recruit civilian defense volunteers, Washington DC 1943 Personally, like most of you, I always thought Germany, besides all its other talents, good or bad, was a nation...
View ArticleDebt Rattle July 18 2015
Harris&Ewing State, War & Navy Building, Washington DC 1917 • Those In Power Will Risk War And Civil Unrest To Preserve It (Martin Armstrong) • Irish €14.3 Billion Payments To Bank Bondholders...
View ArticleDebt Rattle July 20 2015
NPC Daredevil John “Jammie” Reynolds, Washington DC 1917 • Schäuble Was Ready To Give Greece €50 Billion To Quit The Euro (HeardinEurope) • Greece’s Real Crisis Deadline Arrives With ECB Debt to Pay...
View ArticleThe Death of Democracy in a Byzantine Labyrinth
Harris&Ewing Agriculture Department, Cow jumps over moon 1920 It’s taken a while, but Nicole Foss is now coming back to the Automatic Earth for real. Here’s her take on Greece and everything that...
View ArticleDebt Rattle January 17 2016
DPC Madison Avenue, Memphis, Tennessee 1906 • Why Are We Looking On Helplessly As Markets Crash All Over The World? (Hutton) • China’s Stock Market Value Plummets By $600 Billion In One Week (Xinhua) •...
View ArticleDebt Rattle September 13 2016
Harris&Ewing Calvin Coolidge Inaugural Ball. March 4, Washington DC 1925 • Energy Exploration & Production Debt Recoveries Hit ‘Catastrophic’ Level (BBG) • Oil Bankruptcies Leave Lenders With...
View ArticleDebt Rattle December 5 2016
Don’t let the door hit you on the way out.. • Bloody Hell, John Key Just Quit As Prime Minister (Spinoff) • Trump Picks Twitter Fight With China (AFP) • Italy PM Renzi Quits After Crushing Referendum...
View ArticleDijsselbloem Must Go, But That Solves Nothing
Salvador Dali Girl At The Window 1925 If Southern Europeans were a race, say there were something like a Mediterranean race, Jeroen Dijsselbloem would definitely be a racist. Since there is not, the...
View ArticleDebt Rattle May 21 2017
Alfred Buckham Tower of London and Tower Bridge c1920 • Trump’s $115 Billion Saudi Weapons Deal Ratifies US Support For Yemen War (WE) • A Quarter Of Americans Can’t Pay All Their Monthly Bills (ZH)...
View ArticleDebt Rattle June 15 2017
Francisco de Goya Saturn Devouring His Son 1819–1823 • Fed Raises Rates, Unveils Balance Sheet Cuts In Sign Of Confidence (R.) • The Fed Is Flying Blind (BBG) • Peak Economic Delusion Signals Coming...
View ArticleThe Troika And The Five Families
Esther Bubley Watching parade to recruit civilian defense volunteers, Washington DC 1943 Personally, like most of you, I always thought Germany, besides all its other talents, good or bad, was a nation...
View ArticleDebt Rattle July 18 2015
Harris&Ewing State, War & Navy Building, Washington DC 1917 • Those In Power Will Risk War And Civil Unrest To Preserve It (Martin Armstrong) • Irish €14.3 Billion Payments To Bank Bondholders...
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