Wednesday, June 27, 2012

What I'm reading 06/27/2012

What I'm reading 06/27/2012


Colorado Wildfires are getting pretty serious (very).  I'm wondering if there's going to be an impact to the GDP?

Now we're seeing questions in the main stream media about whether or not the Euro can even survive.  Great article over on CNBC on it.  What happens if there's a failed auction in Spain and the solvency issues spread to Italy?

Put this in the "news of the weird"...  According to a Poll, Obama is the best President to defend us against Aliens.  Yes.... We're talking about Space Aliens.  No.... this isn't a trick. 

This isn't making much news, but the Barclay's Bank interest rates rigging is a really big deal.  In a way, it's earth shattering.  Due the the complexity, it's really hard to grasp. 

As mentioned on the previous blog, Merkel is fighting an increased stake in the bail outs.  As well she should. 

The PM of Spain is concerned that they will not be able to sustain current funding levels for long.   My bet is Italy will be next and much more spectacular. 








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