by Rebecca Wilder All of the Euro Area Usual Competitive Suspects in One Chart…But with a Twist The European Commission’s Economic and Financial Affairs initiated the Macroeconomic Imbalance Procedure (MIP)…

…the US? – will be forced to resolve Europe’s demand deficiency either through higher unemployment or through higher debt, or Europe must break apart to free Spain and the other…

(Dan here…lifted from Roberts Stochastic Thoughts) Totally Twitty Fiskin of Antoine Levy Antoine Levy has some ideas about how the European Central Bank could help uncompetitive economies on the European…

…beyond, into the euro zone government bond market, where traders said the Riksbank had turned the spotlight on Europe’s economic woes and added to pressure on the European Central Bank…

…1/1 replace episode = episode[_n-1]+1-(debtcat==debtcat[_n-1])*(cntry==cntry[_n-1]) in 2/1175 gen debtct1 = debtgdp<30 gen debtct2 = (debtgdp<60)*(debtgdp>=30) gen debtct3 = (debtgdp<90)*(debtgdp>=60) gen debtct4 = debtgdp>90 gen debtm90 = (debtgdp-90)*(debtgdp>90) gen l5debtgdp =…

…on debt are increasingly unable to pay it off. Many who have not even received diplomas are saddled with the debt. Alan Collinge in his commentary2 gives numbers to the…

…Congressional Budget Office’s baseline will add another $2.9 trillion to the debt. Although most of our national debt was issued when interest rates were low, that debt is rolling over into a…

Key European CDS are starting to turn in the more northern direction again, as the German-French ‘pact for competitiveness’ faces near-unanimous pushback across Europe. Credit default swaps (CDS) are a…

…bonds this calendar year. These bonds represented 40% of the new debt issued in emerging markets. Examples of such debt include the $3 billion bond issue of Bahrain, Tajikistan’s $500…

…back a moment, though. Despite the ‘strong’ growth in the Eurozone, Germany, the largest Eurozone economy, has not fully recovered it’s GDP lost during the recession. As of Q4 2010,…