Tag Archives: race to the bottom

Let's check

how is our race to the bottom doing? Greece is on it’s way to yet another default. If my calculations are right (see: http://fdominicus.blogspot.de/2012/05/ist-blodheit-ansteckend.html) then Spain has to get new debt of 33 ¢ for every Euro they spend. New … Continue reading

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The vote in France

As expected and wished for Hollande has won. The good thing having a socialist is that we’re faster through it all. That’s all there is to write. France will now try to get the EZB printing more money, financing programs … Continue reading

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