Popular Posts
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- RUSSIA : Woman Boss Demands Sales Growth...Or Foto Strip Down.
11 March 2010
EUROZONE: Spotting Economic Bubbles; the Greek Ponzi Scheme.
BASELINE SCENARIO/ Economist Simon Johnson/ "Bubbles are back as a topic of serious discussion, as they were before the financial crisis. The questions are: (1) can you spot bubbles, (2) can policymakers do anything to deflate them gently, and (3) can anyone make money when bubbles get out of control?"