These guys are the dream team of "greed is good" mentality. One name especially should top the list: Bill "slick willy" Clinton. For many reasons, mainly his support of and signing of NAFTA into law on December 8, 1993, he wins the prize for getting ...

Financial crisis: 25 people at the heart of the meltdown – where are they now?

Worse news = greater chance of bailout = more money given away to big banks = more money for them to buy stocks, derivatives, etc. which runs the price up = more profit for them and less for the average guy. But, hey, the little guy is always ...

Troika found Cyprus economy worse than expected, report says

Loadedgun, please check PM I sent you. Thanks.

Euro stops touched above 1.2410 stalling at 1.2440 level

"I think will see 1.16 before the end of this year .... " Actually, just looking at the market from a technical viewpoint, I would have to agree. That level is the fib 161% extension of the 1.4240 - 1.2620 swing high/low in October '11 to January ...

The German Press Responds To Draghi: "Vengeance Will Be Bitter"

Center-left Süddeutsche Zeitung writes: "The greatest challenge for ECB head Mario Draghi is to make it clear to the people of southern Europe that he will only help if they continue to make radical reforms to their economy..." I know I'm not the ...

The German Press Responds To Draghi: "Vengeance Will Be Bitter"

Yes, I think the long-term trend is still down. Not much has changed, fundamentally. However, as they say, the market can act irrationally longer than you can remain solvent.

Weekly preview - Euro still in a no-win situation

The markets seem to be hanging on every word by Draghi, like they did with Greenspan and Bernanke during past crises in the USA. As if they could actually change the fundamentals of the economy by what they "say" they will do.

Seasonal And Birth Death Adjustments Add 429,000 Statistical "Jobs"

First stop 1.1870 then 1.1650 is my prediction. Could take a few weeks, though. Definitely not bullish yet.

Moody's cuts Slovenia government rating to Baa2 from A2

A week ago, Draghi was going to save the world. Yaaay!! Today he is just another talking head who is just a bag of wind. NOOO!! Only another promise -- but not a real plan. Say it ain't so.

Market Reaction - Gravity Bites As Draghi Serves Cold Plate Of Epic Disappointment

The true problem of the south isn't the economic and financial crisis -- it's corruption, waste and nepotism. That seems to be the conclusion many people are coming to. Is it true?

Corruption and Nepotism Haunt Southern Europe

From the article: "Sources said Venizelos was keener to avoid large cuts to pensions." So, no one is working, no one is producing, but everyone is getting a pension. Where should the cuts take place then? You can't have your cake and eat it too.

Greece Leaders agree bulk of new cuts

I hate to say it this way, but almost all financial news is disseminated and manipulated to aid the big traders in taking as much as possible from the small traders. That's my opinion, and I could be wrong.

Greek budget talks stumble as EU urges Samaras to deliver

Fed won't damage the dollar. Trust us. Ve are de government, ve are here to help you.

Europe 'Soars' To 4-Day High On Draghi 'Solution'

These markets are making it one day at a time -- always craving the next bailout "fix." Nothing has really changed, but there is a lot of fear and uncertainty.

Draghi Means Dragon

Again, a lot of words spoken that don't add up to anything useful. Yawn.

BOJ Shirakawa: Issues Facing the Futures Markets and the Industry

At the moment, the US economy doesn't seem to be doing very well. With a presidential election coming up, I doubt it will be very popular politically to bail out any other countries. Especially when the US won't spend any more to stimulate its own.

Will Germany Step In to Save the Euro?

Come on Putin -- buy more euros. It needs all the help it can get.

Russia’s Putin: Won’t Reduce Euro’s Share Of Russian Reserves

Sometimes, rules and "resistance" are made to be broken.

German minister: 'horror' of Greek euro exit has faded

"Athens must reduce its budget deficit below 3 percent of GDP by the end of 2014, from 9.3 percent of GDP in 2011 - requiring almost another 12 billion euros in cuts and higher taxes on top of the 17 billion successive governments have cut from the ...

Greece now in "Great Depression," PM says

Very good article. I agree that, in fact, we're well and truly screwed. I think that we have been headed in the direction you describe for over a decade. This country is definitely rolling toward some form of feudalism in the future. The financial ...

Why we're screwed