Tag Archives: Der Spiegel

“US Set to Restage Greek Tragedy” – Der Spiegel

How is the rest of the world (ROW) viewing America’s fiscal problems? Here is Germany’s Der Speigel, The US has more in common with heavily indebted southern European countries than it might like to admit. And if the country doesn’t … Continue reading

Posted in Black Swan Watch, Dollar, Fiscal Policy, Germany | Tagged , , , | 15 Comments

Collapse of Euro a “Very Likely Scenario” – Spiegel

We posted yesterday that the Germans are starting to think out loud about the breakup of the Euro.  Here’s an excerpt and chart on the economic aftermath of a Eurozone split from the Der Spiegel piece, Collapse of Currency a … Continue reading

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Germany, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | 2 Comments

Quote of the Day: The New Americans of Europe

Here’s the pretext for our QOTD, The German parliament is set to approve a new multibillion euro bailout package for Greece on Monday, but instead of thanks, southern Europeans are expressing their dislike of us. Germans will have to get … Continue reading

Posted in Black Swan Watch, Euro, PIIGS, Quotes, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Spiegel: Obama “like a doctor caught prescribing performance-enhancing drugs”

Go no further than the Der Spiegel piece, Why Europe Is Right and Obama Is Wrong, to understand the fundamental differences between American and German thinking on fiscal and monetary stimulus. Michael Sauga, the author, writes, American economists, central bankers and fiscal … Continue reading

Posted in Black Swan Watch, Fiscal Policy, Geopolitical, Monetary Policy, Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

Spiegel Unloads on Hedge Funds and the Markets

Nasty article in Der Spiegel, Out of Control: The Destructive Power of the Financial Markets, which helps explain what’s behind the financial transactions tax that was recently introduced by Angela Merkel  and Nicolas Sarkozy.  The article opens, The enemy looks … Continue reading

Posted in Black Swan Watch, Economics, Euro, Fiscal Policy, General Interest, PIIGS, Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

Gorbachev on the End of the Soviet Union – Der Spiegel

Great interview by Der Spiegel with Mikhail Sergeyevich on the final days of the Soviet Union.   Click here for full interview.   Here are a few nuggets: SPIEGEL: Perhaps you could fill us in on a detail from the decisive … Continue reading

Posted in BRICs, General Interest, Geopolitical, Politics | Tagged , | Leave a comment

Chart of the Day: Europe’s Runaway Sovereign Debt

Great chart from the Der Spiegel website:

Posted in Black Swan Watch, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , | 3 Comments