Europe: Here We Go Again...

[tsptalk]

Today's Drudge Report headlines...

IRELAND ON THE BRINK

TOLD TO TAKE EU BAILOUT

PORTUGAL HITS PANIC BUTTON

GREECE: DEFICIT MUCH BIGGER THAN ESTIMATE

LASHES OUT AT GERMANY

 

[alevin]

One of the best articles I've read about what's happening other side of the pond, what is likely to happen next, and how things could have been done differently and much more in tune with the way the bond market's supposed to work-lessons for us.

http://www.voxeu.org/index.php?q=node/5887

 

[crws]

It's hard to figure out who is really further along in recovery...
Although, if this is any indication.....we are. :worried:

globalpropertyguide: House price changes year to end Q2 2010

Reckless Europe beats reckless America at property bubbles

I wasn't able to find the more current article I had come across last week, complete with more graphs and data about the rest of the EuroZone housing bubble...
You would have thought they only had to look at us to know...

 

[tsptalk]

I saw Wilbur Ross on CNBC yesterday, and he like bank stocks, and in particular, Irish Banks as an investment, of all things. The problem is, he's been saying that for months. I'm not sure what the Irish banks have done since september, but I would be surprised if they've gone up.

For that info, fast forward to the 7-minute mark of this video... http://www.cnbc.com/id/15840232/?video=1681080061&play=1

 

[Frixxxx]

EU attacks credit rating agencies, suggests bias
Link

"It seems strange that there is not a single rating agency coming from Europe. It shows there may be some bias in the markets when it comes to the evaluation of the specific issues of Europe," he said, stating publicly a view that many senior EU officials have pushed privately for some time.

So, Is it or isn't it market manipulation?:notrust: