Category Archives: International Financial Crisis

Euro Mulcair

Canada and the United States are the only G20 nations publicly refusing to make new contributions, an issue that has become politically charged within the G20 and on the floor of the House of Commons. …The debate over international rescue … Continue reading

Posted in International Financial Crisis, Politics - Canada - Federal | Leave a comment

Martin Wolf in Ottawa

When humans face unthinkable choices, the tendency is to behave like the choice doesn’t exist, which is how we got here. Martin Wolf, Ottawa, September 26, 2011 Have ended up thinking a fair bit about what he was saying. An … Continue reading

Posted in Financial Institutions, Government Fiscal Issues, International Financial Crisis | Leave a comment

Insolvent Referendum

On October 29, 2011, Member of Parliament Charlie Angus, who is my Facebook friend, posted this link to concerns about loss of political sovereignty in the context of the proposed further bailout of Greece, as well as the perilous financial … Continue reading

Posted in Africa, Equalization, Greece, International Financial Crisis | Leave a comment

Greece: Allnight Dance Fadeout

Greece hasn’t done what it said it would do, fiscally, for at least a year and a half. Germany’s next to last move was to buy back bonds from its own banks to avoid default. Presumably Germany as the bondholder … Continue reading

Posted in European Union, Financial Institutions - International, Germany, Greece, International Financial Crisis | 1 Comment

Buyback to Borrow More

Their capacity to shock and awe markets will not occur in one day, but over time. Thinking about the European Central Bank buying bonds. What it is buying is bonds in the secondary market, from what I can see. No … Continue reading

Posted in European Union, Financial Institutions - International, Greece, International Financial Crisis | 1 Comment