smartphone orten software here handy ortung russland mspy auf iphone 6s Plus installieren spy cam app iphone 6s Plus handy kindersicherung internet vergleich sms spy yahoo
Skip navigation.
Home
... for greater sustainability and local resilience

Learning Resources

This section is used to list resources available to Groups and individuals across North Cornwall. To use any of the Resources, just contact the originator of the message.

To add a resource, just click on 'add new comment' and fill in the 'Post a comment' form.

To comment on any of the items, just click on the item itself and then click 'reply' (bottom of page)

Global Banking Crisis: July 2011

MIKE HAYWOOD'S BANKING CRISIS DIGEST

Independent weekly compilation of the best internet articles and blogs relating to Global Banking Crisis

Best of the Best
· Reinhart and Rogoff: The Economy Can’t Grow With Debt http://www.bloomberg.com/news/2011-07-14/too-much-debt-means-economy-can...

· Europe Readies for the Worst http://online.wsj.com/article/SB1000142405270230458440457644240273768583...

· The bank stress tests are missing the point of Europe's massive problems http://www.independent.ie/business/irish/the-bank-stress-tests-are-missi...

· We are poorer than we think.... http://cynicuseconomicus.blogspot.com/2011/06/we-are-poorer-than-we-thin...

· Poverty in America, Part I http://www.oftwominds.com/blogjuly11/poverty-in-America-6-11.html

·

· Europe Fights the Growing Currency Crisis http://www.spiegel.de/international/europe/0,1518,774483,00.html

· The Great Global Debt Depression: It's All Greek To Me http://www.marketoracle.co.uk/Article29316.html

· The end of the age of excess http://uk.finance.yahoo.com/news/The-end-age-excess-yahoofinanceuk-12205...

· America On The Precipice http://www.smh.com.au/world/america-on-the-precipice-20110712-1hc14.html...

· The Big Banks Are Waging Warfare Against the People of the World http://www.zerohedge.com/article/big-banks-are-waging-warfare-against-pe...

· A Short History of US Credit Defaults http://mises.us1.list-manage.com/track/click?u=bf16b152ccc444bdbbcc229e4...

· Dicing with debt and the future http://www.economist.com/node/18958711

· Euro crisis could cause global markets to crash http://www.telegraph.co.uk/finance/economics/8641483/Euro-crisis-could-c...

· The Real State of US Housing http://theautomaticearth.blogspot.com/2011/07/july-16-2011-real-state-of...

· Why Banks Aren't Lending: The silent liquidity squeeze http://www.truth-out.org/silent-liquidity-squeeze/1310652572

· Wall Street’s Euthanasia of Industry http://michael-hudson.com/2011/07/the-euthanasia-of-industry/

Chart of the week

The Baltic dry index, a measure of global shipping, remains at a sixth of its 2008 value

Oil and interconnectivity with Global economy
· Fact of the week … the average US car fuel consumption is 27.3 mpg (8.6 litres/100km) http://www.economist.com/blogs/babbage/2011/07/fuel-economy

· The Relationship Between Peak Oil And Peak Debt - Part 1? http://oilprice.com/Energy/Crude-Oil/The-Relationship-Between-Peak-Oil-a...

· The Relationship between Peak Oil and Peak Debt - Part 2? http://oilprice.com/Energy/Crude-Oil/The-Relationship-between-Peak-Oil-a...

· US Fuel economy The Difference Engine: Priced off the road? http://www.economist.com/blogs/babbage/2011/07/fuel-economy

Global Banking crisis, economy and systemic risk
· The support given to EU banks is killing the recovery? http://www.guardian.co.uk/commentisfree/2011/jul/17/banks-bailout-spendi...

· Item Club lowers GDP forecasts over euro crisis http://www.telegraph.co.uk/finance/economics/8643679/Item-Club-lowers-GD...

· A eurobond or an inflation solution http://www.ft.com/cms/s/0/c673042c-ae23-11e0-a2ab-00144feabdc0.html

· European Banking Authority was hobbled over stress tests http://www.telegraph.co.uk/finance/financialcrisis/8642492/European-Bank...

· German 'Nein' leaves Italy and Spain in turmoil http://www.telegraph.co.uk/finance/globalbusiness/8631219/German-Nein-le...

· The US Student Loan Scam http://solari.com/blog/?p=12020

· The Beginning of the End of Europe http://gonzalolira.blogspot.com/2011/07/beginning-of-end-of-europe.html

· Bernanke Pledges More Monetary Stimulus, Dollar Tanks, Gold Soars http://globaleconomicanalysis.blogspot.com/2011/07/bernanke-pledges-more...

· Greece needs more aid by Sept. 15 – minister http://www.reuters.com/article/2011/07/12/greece-idUSLDE76B1KX20110712

·

· Spanish bank IPOs threatened by worsening crisis http://www.reuters.com/article/2011/07/12/us-spain-banks-idUSTRE76B2WA20...

· French Banks Face Greatest Italian Risk http://www.bloomberg.com/news/2011-07-12/france-s-bnp-credit-agricole-on...

· Divinely comical http://www.cobdencentre.org/2011/07/divinely-comical/

· Italy money supply plunge flashes red warning signals http://www.telegraph.co.uk/finance/economics/8636155/Italy-money-supply-...

· We Give Up! http://dollarcollapse.com/the-economy/we-give-up/

· A Bank Run in Greece May Trigger an Unintended Resolution of the Crisis http://www.brookings.edu/opinions/2011/0712_greece_resolution_yeyati.aspx

· The Crisis of Financial Market Capitalism as a Challenge for the Left http://www.indybay.org/newsitems/2011/07/13/18684603.php

· Treasury accounts show UK government under pressure http://www.ftadviser.com/FTAdviser/Pensions/News/article/20110714/3b0050...

· Stress tests fail to rescue Europe's banks http://www.ft.com/cms/s/f878754e-ae62-11e0-844e-00144feabdc0,Authorised=...

· The Next Crisis Will Arise in the BRIC Countries http://blogs.forbes.com/forbesleadershipforum/2011/07/14/the-next-crisis...

· Return of the Gold Standard as world order unravels http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/863864...

·

· Crisis of the euro – shades of the Titanic http://www.marxist.com/crisis-of-euro-shades-of-titanic.htm

· Gloomy US consumers cast dark cloud over economy http://www.reuters.com/article/2011/07/15/usa-economy-idUSN1E76E0DF20110715

· The Emergence of Europe as a Union http://theautomaticearth.blogspot.com/2011/07/july-14-2011-emergence-of-...

· Stop Blaming Wall Street http://www.tnr.com/article/economy/91904/stop-blaming-wall-street

· What Happens in a World Without Dollars? http://blogs.forbes.com/kenrapoza/2011/07/15/what-happens-in-a-world-wit...

· The real banking crisis - too much lent to people who can't pay http://www.thisismoney.co.uk/money/markets/article-2015489/SIMON-WATKINS...

· What history teaches us about global financial crises: they always hurt http://www.independent.co.uk/news/business/comment/hamish-mcrae/hamish-m...

· Irish people question why they should be sacrificed to pay private banker debt http://enoughcampaign.org/

Gold Matches Record Winning Run On U.S. Debt Fears http://www.theglobeandmail.com/report-on-business/industry-news/energy-a...
IMF

International loan shark http://www.economist.com/blogs/freeexchange/2011/07/international-moneta...

US property Market

Job market dictates real estate market http://www.tidewaternews.com/2011/07/15/job-market-dictates-real-estate-...
The impending slow motion doom for housing http://www.doctorhousingbubble.com/impending-slow-motion-doom-for-housin...
Pasadena property falls over 50 percent in 7 years http://www.doctorhousingbubble.com/pasadena-real-estate-living-bubble-ci...
A House Is a Lousy Investment http://online.wsj.com/article/SB1000142405270230425930457637532365234188...
Strategic default is moral imperative to prevent future housing bubbles http://www.irvinehousingblog.com/blog/comments/strategic-default-is-mora...
Average Housing Prices On Decline http://www.timescolonist.com/business/Average+housing+prices+decline/507...
Most Expensive House In New Jersey Dropped $16 Million http://www.businessinsider.com/frick-mansion-new-jersey-photos-2011-7
Mortgage applications drop for the fourth week http://www.reuters.com/article/2011/07/13/us-usa-economy-mortgages-idUST...
The housing slump is far worse than you think http://www.msnbc.msn.com/id/43687588/ns/business-us_business/

US Foreclosure and Mortgage Fraud
As Government Nears Accord With Banks, Questions Swirl Over Scope Of Investigation http://www.huffingtonpost.com/2011/07/11/foreclosure-fraud-investigation...
Deutsche Bank Sued by Dexia on $1 Billion Over Mortgage-Backed Securities http://www.bloomberg.com/news/2011-07-14/deutsche-bank-sued-by-dexia-on-...
Dimon: "Everybody Is Going to Sue" Over Mortgages http://www.bloomberg.com/news/2011-07-14/dimon-everybody-is-going-to-sue...

UK Property Market
House prices in the red until 2020, warns PwC http://www.independent.co.uk/life-style/house-and-home/property/house-pr...
House prices fall as property market hits stalemate http://citywire.co.uk/money/house-prices-fall-as-property-market-hits-st...
Thousands of properties have their asking prices cut http://www.estateagenttoday.co.uk/news_features/Thousands-of-properties-...
The property ladder that threatens to become a snake http://www.independent.co.uk/opinion/commentators/mary-dejevsky/mary-dej...
Sellers lower asking prices by almost £4,000 in a month as record number of homes go unsold http://www.dailymail.co.uk/money/mortgageshome/article-2015937/Sellers-l...

Global Pension "time bomb” and aging population
UK Govt figures to include public sector pension deficit http://www.moneymarketing.co.uk/politics/govt-figures-to-include-public-...
Treasury will reveal its debt is worth trillions of pounds http://www.bbc.co.uk/news/business-14106759
A Small City’s Depleted Pension Fund Rattles Rhode Island http://www.nytimes.com/2011/07/12/business/central-falls-ri-faces-bankru...?
US Census: Share of children in US hits record low http://www.seattlepi.com/business/article/Census-Share-of-children-in-US...
Public pension deficit at £1.1trn http://www.cityam.com/news-and-analysis/public-pension-deficit-11trn
More austerity needed to pay for old age http://www.thisismoney.co.uk/money/pensions/article-2014284/More-austeri...
Barack Obama can't guarantee the pension's paying http://newsinabox.net/1639/barack-obama-can-t-guarantee-the-pension-s-pa...
UK National Association of Pension Funds warning: saving 5% a year is not enough http://www.thisismoney.co.uk/money/news/article-2015507/National-Associa...

The affect of Austerity measures
15 Examples That Show Many Americans Have Become So Desperate That They Will Do Just About Anything For Money http://theeconomiccollapseblog.com/archives/15-examples-that-show-many-a...
US Economy Faces a Jolt as Benefit Checks Run Out http://www.nytimes.com/2011/07/11/business/economy/as-government-aid-fad...
Union: prison cuts will result in riots, violence (Connecticut) http://www.myrecordjournal.com/ap_state_news/article_01ea96c6-daa1-57ab-...
Minnesota shutdown stirs debate over who gets paid http://www.winonadailynews.com/news/local/govt-and-politics/article_2c16...
Flash Mobs Thwart Foreclosures in Spain http://www.bloomberg.com/news/2011-07-13/dial-a-crowd-confronts-debt-lad...
Why the Real Estate Recession is Halting US Divorces http://moneyland.time.com/2011/07/12/why-the-real-estate-recession-is-ha...
The Great Recession and Marriage http://www.virginia.edu/marriageproject/pdfs/NMP-GreatRecession.pdf
Food Stamps: The Struggle To Eat http://www.economist.com/node/18958475

Deflation or inflation?
Has the 120-year Inflation Deflation Cycle Bottomed Early? http://www.marketoracle.co.uk/Article29166.html
Credit Inflation or Debt Deflation? http://wallstreetpit.com/79386-credit-inflation-or-debt-deflation
How Groupon and LivingSocial Celebrate Deflation in America http://www.theglobalist.com/storyid.aspx?StoryId=9238
Deflation Fears Are a Distant Memory http://seekingalpha.com/article/279557-deflation-fears-are-a-distant-memory
The Long Wave Deflation Big Picture http://www.marketoracle.co.uk/Article29245.html
My Moneymaking Prediction... Deflation http://www.taipanpublishinggroup.com/tpg/taipan-daily/taipan-daily-07141...
Today's Equity Dilemma: Micro Versus Macro Investing http://blogs.forbes.com/advisor/2011/07/14/todays-equity-dilemma-micro-v...
Gary Shilling's Seven Faces Of Deflation http://www.forbes.com/2011/07/14/shilling-seven-faces-of-deflation.html
US Economy: RIP Deflation http://www.businessinsider.com/us-economy-rip-deflation-2011-7

US recessionary trends
Full Spectrum Decay http://gonzalolira.blogspot.com/2011/07/full-spectrum-decay.html
RAIL TRAFFIC TRENDS TURN NEGATIVE http://pragcap.com/rail-traffic-trends-turn-negative
US trade deficit widens to $50bn http://www.bbc.co.uk/news/business-14121300
Pennsylvania Budget Cuts Economic Development By 35 Percent http://www.wgal.com/r/28521407/detail.html
Oregon agency to close 3 sex offender units http://www.kmtr.com/news/local/story/Oregon-agency-to-close-3-sex-offend...
Budget cuts hit Louisiana state parks, museums http://www.wxvt.com/Global/story.asp?S=15067156
'More than 3m UK households in financial difficulty' http://www.guardian.co.uk/money/2011/jul/13/households-financial-difficulty
95% Of Americans Are Getting Poorer Every Year http://www.businessinsider.com/made-in-usa-wealth-inequality-2011-7

US Unemployment
Overtime, Not Wage Increases, Drive Income Growth http://blogs.wsj.com/economics/2011/07/11/overtime-not-wage-increases-dr...
Job changes by field http://si.wsj.net/public/resources/images/MK-BN447A_JOBS_G_2011071120120...
US unemployment http://www.ft.com/cms/s/291f9862-ad87-11e0-9038-00144feabdc0,Authorised=...
Failed stimulus cost us all $278K per job http://www.natchezdemocrat.com/2011/07/14/failed-stimulus-cost-us-all-27...
Retail Sales in U.S. Stagnate as Unemployment Hurts Consumers http://www.bloomberg.com/news/2011-07-14/retail-sales-in-u-s-stagnate-as...
Stalking the Cause of Unemployment http://www.businessweek.com/magazine/stalking-the-cause-of-unemployment-...

Eureka articles which challenge the status quo
Ron Holland Says US Social Chaos Is Inevitable in Switzerland Press Interview
http://lewrockwell.com/wile/wile27.1.html

The Real Significance Of The Debt Ceiling Debate http://www.declineoftheempire.com/2011/07/the-real-significance-of-the-d...

Building Resilience to coming crises
Down But Not Out http://downbutnotoutletters.tumblr.com/

Alternative Currencies, changing the Banking System
Regulating the Global Financial System http://ntu.ac.uk/nbs/document_uploads/108672.pdf
Swiss Parliament to discuss gold franc http://www.marketwatch.com/story/swiss-parliament-to-discuss-gold-franc-...
The flaws in fractional reserve and maturity transformation http://www.cobdencentre.org/2011/07/the-flaws-in-fractional-reserve-and-...