The survey consensus is that the ECB will cut by 50 basis points tomorrow – we took the conservative route of 25bp – in any case, Euroland is weakening and some economists have spoken of Euro parity with the US Dollar Patricia Lifson at PNC Bank said the market was coming to the realization that [...]
Posts Tagged ‘USA Budget’
Euro | US Budget – Out of Control
Posted in Commentary, News, tagged Euro, GDP USA, USA Budget on 14, January 2009 | Leave a Comment »
US Debt Management
Posted in Commentary, tagged US Bonds, US Dollar, USA Budget on 15, January 2009 | Leave a Comment »
How much debt per capita ? $53 Trillion divided by 300 million citizens is $174,000 per person or $696,000 for family of 4. Meaning of Money —————————— One thing that we have continually pointed out is that in a debt-ridden environment, GDP becomes ever tougher to get. With recessionary fears and debt levels at all [...]
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