Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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From: Eva	1/7/2011 11:19:15 AM
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update -- trotsky, 11:16:51 01/07/11 Fri The coming downfall of the welfare state - Southern European welfare states are on the ropes. The effects of 'borrowing from the future' have arrived amidst a demographically challenged and politicially dysfunctional society. Meanwhile, new European banking legislation aimed at avoiding future bailouts once again disregards the root of the boom-bust cycle. European debt markets remain under pressure, with yields and CDS making new highs in several cases - and the ratings agencies remain way behind the curve. Also, a few words on Thomas Hoenig, who continues to challenge the orthodoxy of his colleagues at the Fed as candidly as ever. And....it's raining dead birds and fish. acting-man.com

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