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[Finance Blog] Here Come The Witchhunts: France Notes Six US/UK "Greek Debt ...: remember all the numbers are false) was the actual cause for the need to bailout Greece, you are about to get a rude awakening: see, it was all the fault of six speculative US and UK hedge funds. Dow Jones reports that French Finance Minister Christine Lagarade has said that “six financial institutions have been singled out for speculating on Greek debt during the ongoing crisis.”

[The Money Game] Dow Now Up 200 On Greek Bailout: The market goes bailout crazy. ... Peak oil is the only thing that can stop the Chinese export deluge. Unfortunately, it will devastate bust our economy too. Read » · Ambrose Evans-Pritchard | comment 1. The credit market is flashing its hottest warning signal since the crisis. Be very careful. Read » · Martin Wolf | comment 13. Greece is NOT coming to America, and we do NOT have to freeze all government spending. Quite the opposite. ...

[News | The Independent UK] News | The Independent UK - Goldman Sachs: the Greek connection: Nonetheless, Sir Richard Branson finally is warning that the peak-oil crunch will be worse than the credit crunch (thereby failing to recognize the importance of the former in creating the latter), the Wall Street Journal is warning us to prepare for peak oil, and British oil companies and CEOs are sounding the alarm.

[Business Insider] GREECE BAILOUT A DONE DEAL?: Tags: Economy, Greece, Europe, Financial Crisis, Bailout

[Energy Bulletin -] Peak oil notes - Feb 11 | Energy Bulletin: Oil prices recovered this week from below $70 a barrel last Friday to close at $74.52 on Wednesday. Uncertainty about the Greek bailout, increasing tensions with (and in) Iran, preliminary indications of a major build in US crude stockpiles, and blizzard conditions in the Northeast were some of the factors behind the move.

[Clusterstock] Greek Polls Show Massive Resistance To Any Form Of Financial ...: Working people won't take cuts, unless they are right down to the line threatend with being fired.They, contrary to ouside beleifs, don't think they've had it too good for too long. This will get messy, and to think hard working people in Deutchland will want to help keep "the good times rolling" is crazy in its' self.

[Crikey » Business] Stop missing the point. Greece is important - Crikey: Years ago I was talking to an oil refinery worker, who was based about 100 miles or so from Melbourne. A voluble little fella, he told me all about this chain of events that would reach through the various components of oil refinery and delivery mechanisms until - I shit you not, dear people - an explosion was triggered that wiped out Melbourne.

[Business Insider] Roubini: A Greek Bailout Solves Nothing Since Spain Is The Real ...: Tags: Economy, Greece, Europe, Money, Spain

[The Daily Gold] Red Alert: Next Debt Crisis is Near | The Daily Gold: And the fears are ALSO returning to the U.S. itself, where the cost of insuring against a U.S. Treasury default has jumped dramatically in recent weeks. Although still not at new all-time highs, they now exceed the peak levels seen in the 2008 debt crisis ”” a harbinger of sadder days ahead.

[Comments for The Housing Bubble Blog] The Housing Bubble Blog » Bits Bucket For February 17, 2010: Last month, California began releasing prisoners deemed at low risk for re-offending. Colorado, Oregon, Kentucky and Connecticut, all wracked with budgetary issues, have instituted similar moves as a way to cut costs, while others, including Michigan and Mississippi, are considering similar initiatives.

[The Rates Blog] Blogging On Interest Rates, Economics & Business in New Zealand: “What would I do if I were David Cameron? I would look at the books” and “I would say: ”˜Shock, horror, I’ve found it’s much worse than I thought and so Gordon Brown has forced me to call in the IMF,’” Stelzer said, speaking at an event in London late yesterday.

[Finance Blog] Hussman Follow-Up On The Great $1.5 Trillion Unlegislated GSE Bail ...: As Dow Jones noted earlier, “In outlining the likely path the Fed will take to tighten credit once the economy is strong enough, Chairman Ben Bernanke last week said he expects the central bank’s balance sheet to shrink over time. However, Bernanke said he didn’t anticipate the Fed would sell any of its holdings of long-term U.S. Treasuries or mortgage-backed securities “in the near term.”

[The Rates Blog] Blogging On Interest Rates, Economics & Business in New Zealand: Refining and service stations would have to be two of the worst investments right now. With peak conventional oil now a reality and new (spare) refining capacity being built in India, the middle East and China you can forget $9.00/barrel refining charges.

[Shareswatch Australia Blog] A stock market correction, some panic and nervous investors ...: My big fat Greek bailout - European unity in action - The Germans don't want to bail out the Greeks; The Greeks reckon their bailout isn't big enough;

[Finance Blog] High Frequency Trading Goliath GETCO Becomes NYSE Designated ...: Do not shed a tear for the allegedly suffering Germans who now face the prospects of footing much of the bill for the bailout of the Greek government's debts. Germany has taken advantage of the EU system for years to live far beyond its .

[PTG News page] Patriot Trading Group: The Greek rescue plan agreed by EU leaders after a week of leaks is strangely thin, raising suspicions that Germany, Holland and the creditor states of Northern Europe still cannot agree on the terms of any bail-out. The euro tumbled 1pc to a nine-month low of $1.36 against the dollar and Club Med debt yields jumped as investors read the summit text, searching in vain for details of debt guarantees or bilateral loans, or guidance on an EU eurobond.

[Feral Scholar] Feral Scholar » Blog Archive » Susan Watkins' econ summary (NLR): Two days before the President’s scheduled appearance before Congress, [White House Counsel] Clark Clifford came to [Secretary of State Dean] Acheson with a revision suggested in the White House to the effect that “continued chaos in other countries and pressure exerted upon them from without would mean the end of free enterprise and democracy in those countries and that the disappearance of free enterprise in other nations would threaten our economy and our democracy.” Acheson opposed the insertion of this ideological language on the grounds that it might embarrass American relations with the Socialist government of Great Britain.

[Finance Blog] February 8 Insights From Art Cashin | Finance Blog: Marty Feldstein is calling for Greece to take a holiday from the euro, with an agreement to return to the euro at a lower exchange rate that would basically guarantee a substantial instant devaluation. Paul Krugman argues that this is impossible, citing a piece by Barry Eichengreen from several years ago:

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