Monday, April 16, 2012

News 04-16-2012

In Europe, they're going nuts over the Google street view.  In many cases, they're stopping the whole thing all together.....    Now Google is accused of logging house numbers too.   Unintended consequences?

Looks like the world community may be nearing a deal with Iran...  It seems that some may doubt it....?   Nuclear test in.  T-minus...3....2....

The Taliban have lauched a pretty spectacular spring offensive. 

Let's remember this...  on March 9th Sarkozy stated the "Greek problem is Solved".  This will be important to remember in coming months.  Because the unemployment in Greece is at 21.8% percent "Officially"



Know what these are....they're coming back into the mix.  They are important for the financial markets. 

CDS - Credit Default Swaps

A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a loan default or other credit event. The buyer of the CDS makes a series of payments (the CDS "fee" or "spread") to the seller and, in exchange, receives a payoff if the loan defaults.




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