For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world.
BY Chris Vermeulen | December 16 2012 6:02 AM We all want new and exciting electronic gizmos and gadgets for the holiday season. Unfortunately they have the tendency to lose almost all their value within weeks because of newer versions etc… but what if you just got a lump of dirty old coal in your stocking, how would you feel
Follow The Daily Ticker on Facebook! Marc Faber, the famous investor and strategist, says that neither candidate in the upcoming U.S. Presidential election is worth voting for, at least if the goal is fixing the economy.
Columnist Kim Strassel on how Rick Santorum's victories in Mississippi and Alabama will shape the race.
Editorial board member Matt Kaminski on the civilian shootings in Afghanistan and the perils of retreat.
Editorial board member Joe Rago on a bill to repeal the Independent Payment Advisory Board.
WSJ Europe editorial page editor Brian Carney on how the Greek debt deal will impact creditors.
Opinion Journal Live discusses the Republican road to the White House.Editorial page editor Paul Gigot on which races to watch on Super Tuesday.
While headlines may evoke underlying strength (despite a slowing China, underlying employment indices lagging, and rising-price concerns growing) the expectations of our elite economists has once again extrapolated, Birinyi-style, a self-sustaining recovery to infinity and beyond. Unfortunately, economic data is disappointing in the last few weeks relative to expectations as the Citi Economic Surprise Indicator drops to three-month lows
From Mark Grant of "Out of The Box And Onto Wall Street" The Next 15 Days Of Our Lives An Important Week I recall the early days of the Greek crisis when everyone asked why Greece was so important because it is such a small country. I responded that they had a total of $1.1 trillion in debt (sovereign, municipal, corporate, bank and derivatives) and I remember the blank stares. Now, if the newest bailout goes through, they will have more than $1.3 trillion in debt and while they could not pay the initial amount they certainly cannot pay any larger amounts so that it can clearly be stated that what is going on is the central banks of Europe and the ECB/EU lending money to Greece only as a conduit to pay back their own banking institutions