…one other measure of relative health: the stock vs. bond dividend gap. This is the difference between the amount of dividends paid on S&P 500 stocks, vs. the interest rate…

…Marshall over at TPM: “Every sign is that it was not about the equities markets but rather the bond market, where the demand for U.S. Treasury bonds seemed to be…

…action threatens to undermine confidence in banks throughout the eurozone periphery, Greece, Italy, Spain, Portugal, and Ireland. As Louise Cooper told Marketplace, “(This move) says that your savings are not…

…Grauwe on sovereign and eurozone debt; Martin Wolf on private sector savings and public sector deficits (the financial balance approach); Richard Koo on the implications of a “balance sheet recession”…

by Rebecca Wilder Housing Bubbles: Less Frothy but Europe is Behind Wolfgang Muenchau’s article in the Financial Times, There is no Spanish siesta for the Eurozone, inspired me to update…

…get back into safer waters. But with the Eurozone debt crisis in the past year, it basically ran out of time. SIEGEL: Yeah, that was the past. This is now….

…to the rest of the eurozone – like Spain before the crisis – but this is hardly applicable now. (If you consider Germany as overheating, there is not much you…

…you happy. But if you fear that the US will soon be tested by financial markets – just as the eurozone is being tested today – then please read my…

…can see such a process happening in real time in the peripheral Eurozone countries. What can break this fall? The current account constraint can be relaxed as falling incomes drive…

…of the BCAL: Ireland, Spain, Portugal, Greece, and a couple of other Eurozone economies that are not labeled (Cyprus, Malta, and Slovak Republic). Finally, quadrants I and IV list economies…