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Eurozone Unemployment At Record Highs; Private Sector Lending Drops First Time Ever
For all the cheering about the recovery one might think actual jobs were being created or bank lending was increasing. Neither is true in the US or the Eurozone. About a month ago the Sydney Herald reported Eurozone private sector lending almost stalls . Eurozone private sector lending has ...
Eurozone bank lending to private sector declines
ft.com — Published: October 27 2009 10:51 | Last updated: October 27 2009 10:51 The eurozone has reported the... first year-on-year fall in bank lending to the private sector, strengthening the case for the European Central Bank to maintain its ultra-loose ... (more) Eurozone bank lending to private sector declines
Beyond The Consensus On European Bank Credit
Beyond The Consensus On European Bank Credit
fistfulofeuros.net — Well, I never thought I would have to wait very long to get some confirmation of my... last post on things that could go bump in the night in France, but even I wasn’t expecting confirmation of what I was trying to get at so quickly. Now, according to Frank Atkins in The Financial Times this ... (more) Beyond The Consensus On European Bank Credit
The Dollar As A Funding Currency
The Dollar As A Funding Currency
fistfulofeuros.net — Nouriel Robini is not a man who is known for mincing his words. “We have the mother... of all carry trades,” he tells us, “Everybody’s playing the same game and this game is becoming dangerous.” There is a “wall of liquidity” sweeping the planet, pushing asset prices ever higher in one country ... (more) The Dollar As A Funding Currency
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Eurozone Unemployment At Record Highs; Private Sector Lending Drops First Time Ever
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