Saturday, June 26, 2010
News Links, June 27, 2010
The truth shall be known by the vehemence of the denials!
-- Global economic meltdown --
Spain's Debt Maturity Wave Hits Next Month And It's Already Obvious They Don't Have Enough Cash
"Nakheel is restructuring about $10.5bn in debt and has offered a deal to trade creditors that could mean a five-year wait for payment."
Ben Bernanke needs fresh monetary blitz as US recovery falters
"Key members of the five-man Board are quietly mulling a fresh burst of asset purchases, if necessary by pushing the Fed's balance sheet from $2.4 trillion to uncharted levels of $5 trillion."
"Britain has joined the austerity club. It already has many members across Europe and more are joining by the day."
Presenting The Key H2 Milestones To Observe As The Economy Begins Its Next Pre-Stimulus Contraction Cycle
-- Energy/resources --
-- Solutions --
-- Fault lines --
-- Oil gusher --
China bans 2.3m PLA soldiers from blogging
The Scariest U.S. Financial Chart (real estate)
And finally... Austerity chic: Dior's men dazzle with elegant austerity