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: Constitutionally CorrectGreece in panic as it faces change of Homeric proportions
By ADF Alliance Alert
Full post as published by Constitutionally Correct on August 03, 2011 (boomark / email).
The stock-market panic abates
Here's the S&P 500 over the past five days -- days which have included not only the massive Greece downgrade by Moody's, but also big new developments on the BP front: the oil spill might be up to 60,000 barrels a day, it's setting up a $20 billion fund for claims, and is suspending its dividend.
Morning Greece
Just an update ...Market News International reported that Greece may want to cut the International Monetary Fund out of the rescue package. However an unnamed Greece official denied the report, from the WSJ Greece to Pitch Dollar Bond to U....
WALTER RUSSELL MEAD: Climate Change As Malthusian Panic Attack. My guess is that Malthusian panic
WALTER RUSSELL MEAD: Climate Change As Malthusian Panic Attack. “My guess is that Malthusian panics are part of humanity?s coping mechanism. The problems to which Malthusians point are almost always real problems, but the solutions they advocate are usually not the way out...
ROBERT SAMUELSON: The Welfare States Death Spiral. What were seeing in Greece is the death spir
ROBERT SAMUELSON: The Welfare State’s Death Spiral. “What we’re seeing in Greece is the death spiral of the welfare state. This isn’t Greece’s problem alone, and that’s why its crisis has rattled global stock markets and threatens economic recovery...
UH OH: US faces same problems as Greece, says Bank of England.
UH OH: US faces same problems as Greece, says Bank of England.
JESSE WALKER: The Swine Flu panic that wasnt. The fear of panicactual panichas shaped publ
JESSE WALKER: The Swine Flu panic that wasn’t. “The fear of panic?actual panic?has shaped public policy in unfortunate ways. During a disaster, it’s not uncommon for officials to hold useful information close to their vests because they don’t want to ’spread panic,’ even though nine decades of research have established that the public [...
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