Tag Archives: Italy

Bank run

Posted on September 12, 2011 by Michaela

By Paul Krugman On Thursday Jean-Claude Trichet, the president of the European Central Bank or E.C.B. — Europe’s equivalent to Ben Bernanke — lost his sang-froid. In response to a question about whether the E.C.B. is becoming a “bad bank” … Continue reading →

Posted in Breaking the mould, The world we live in Now | Tagged Ben Bernanke, DEfault, Euro, European Central Bank, Italy, Jean-Claude Trichet, Spain | 1 Comment

Rates of Wrath

Posted on August 4, 2011 by Michaela

By Paul Krugman Not good news in stock markets — but you really have to look at the bond markets to get the full awfulness of the situation. The US 10-year bond rate is now down to 2.5%. So much for … Continue reading →

Posted in The world we live in Now | Tagged Bond market, Business, Economy, Italy, Stock market, United States | Leave a comment

A matter of indifference

Posted on July 14, 2011 by Michaela

By Marc Brost – Heike Buchter – Mark Schieritz One can’t even see this crisis, and that’s the dangerous thing about it. Tens of thousands of Germans are on holidays in Italy, relaxing on the beach at Viareggio or strolling through the streets of … Continue reading →