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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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This debt will be a hot election campaign potato. The ceiling raised on Aug 2011 is just $300B away from being burst. This was supposed to last till 2013...?! http://www.brillig.com/debt_clock/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah, is the ban on shorting banks in some European countries still in full force or was it eased? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:hisah, is the ban on shorting banks in some European countries still in full force or was it eased? Still alive like the KE CBK fx controls. The manipulative moves never work against the market trend. It's like saying someone is half pregnant?!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Wow! KE national debt shoots to 1.6 trillion... Eh, can treasury fast track the budget reading so that I know what highly mean rates to demand for on these gok papers... http://bit.ly/yuZDSp$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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[quote=hisah]Wow! KE national debt shoots to 1.6 trillion... Eh, can treasury fast track the budget reading so that I know what highly mean rates to demand for on these gok papers... http://bit.ly/yuZDSp[/quote] One word to Treasury CUT spending or implement austerity measures now otherwise Vision 2030 is Vision Default.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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U'd think all that debt is due tomorrow. #chicken little
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:U'd think all that debt is due tomorrow. #chicken little Or its being used to buy Plasma TVs & X-boxes instead of Devoloping Infrastructure.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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If you liked the sopranos series or godfather (the movie), this will make a nice read about italy's largest bank in the unravelling euroland debt bomb... http://www.reuters.com/a...ia-idUSTRE8091YX20120110$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 3/10/2008 Posts: 301 Location: Abu Dhabi
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Interesting article I came across. Kenya ranked in one of the top growth economies. But the population growth from 41 to 97 by 2050??? I have my doubts on that. https://www.research.hsb...8WiQC0&n=317638.PDF
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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