Tag Archives: Swiss National Bank

The Problem with the Spailout

Posted on June 15, 2012 by

By: Money_Morning First off, last weekend’s 100 billion euro ($126 billion) Spanish bailout has staved off the inevitable for now. What most people don’t realize, though, is that it actually spells disaster for the euro — there simply isn’t enough … Continue reading →

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Germany profited in boom so must deal with the bust!

Posted on September 15, 2011 by

By David Mc Williams It is now down to Germany. Does it want to save the euro or not? If it does, it will have to underwrite the Irish along with the Italians, Spaniards and a few others besides, not … Continue reading →

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Swiss Government Ruins Franc

Posted on September 7, 2011 by

by Staff Report at the Daily bell The Swiss franc tumbled against the euro and dollar on Tuesday after the Swiss National Bank   set a minimum exchange rate target of 1.20 francs per euro to combat the strength of the   … Continue reading →

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The response to Europe’s banking crisis

Posted on August 20, 2011 by

Dan O’Brien Economics Editor with the Irish times writes in to-days Irish Times the following ANALYSIS : The response to Europe’s banking crisis raises issues over its ability to deal with the threat WHEN CENTRAL banks start lending money to each … Continue reading →

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