—- Stiglitz: Leavingthe Euro PainfulbutStayingin More Painful; EurozoneBreakupRecap // Mish’s Global EconomicTrendAnalysis Nobel prize winning economist Joseph E. Stiglitz has come to the right conclusion [youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI][youtube http://youtube.com/w/?v=6FzI-5baKsI]. Question: I want to probe you a bit on that small mistake of the euro. UYou seem to suggest there is nothing that cannot be solved with more European solidarity … Seguir leyendo Stiglitz: Leaving the Euro Painful but Staying in More Painful; Eurozone Breakup Recap

—- UkraineImposes Capital Controls, LimitsForeignCurrencyWithdrawals // ZeroHedge Yesterday wereportedthat as part of the Ukrainian central bank’s plan to bailout the nation’s largely insolvent private banks, it would provide any needed funding but only "if they will remain under open control of the National Bank of Ukraine." And since the new CB head Stepan Kubiv’s allegiance to Europe were already well-known, this was merely a quick … Seguir leyendo Ukraine Imposes Capital Controls, Limits Foreign Currency Withdrawals

—- UkraineActingPresidentSaysRussia Has InvadedUkraine, As 2000 RussianTroops, MilitaryJetsArrive // ZeroHedge Here we go: UKRAINEACTINGPRESIDENTTURCHYNOVSTARTSBRIEFINGUKRAINELEADERSAYSRUSSIASTARTSAGGRESSIONAGAINSTCOUNTRYUKRAINESAYSRUSSIAINVADEDUKRAINEUNDER GUISE OFEXERCISEUKRAINELEADERSAYSRUSSIATRYINGTOPROVOKECONFLICTUKRAINELEADERSAYSRUSSIASEEKINGTOANNEXCRIMEAUKRAINE’STURCHYNOVSAYSWILLDEFENDITSINDEPENDENCEUKRAINEACTINGPRESIDENTACCUSESRUSSIAOFWORKINGON A SCENARIOLIKEBEFOREWARWITHGEORGIA More from Interpretermag.com: “Under the guise of military exercises, Russia has brought troops into the Autonomous Republic of Crimea. And not only have they seized the parliament of the Crimea, the Council of Ministers of the Crimea, they are trying to take civilian buildings under control, communications, … Seguir leyendo Ukraine Acting President Says Russia Has Invaded Ukraine, As 2000 Russian Troops, Military Jets Arrive

—- MorganStanleyWarnsOf "Real Pain" IfChineseCurrencyKeepsDevaluing // ZeroHedge The seemingly incessant strengthening trend of the Chinese Yuan (much as with the seemingly inexorable rise of US equities or home prices) has encouraged hugeamountsofstructuredproductsto be createdoverthepastfewyearsenablingtraderstopositionfor more ofthesameinincreasinglyleveredways. That was all going great until the last few weeks which has seen China enter the currency wars (as we explained here). The problem, among many facing China, is … Seguir leyendo Morgan Stanley Warns Of “Real Pain” If Chinese Currency Keeps Devaluing