European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 26 January | 98 comments (98 topical, 0 editorial, 0 hidden)

Of course, the "financial market participants" are no-one defined, so they cannot be said to be acting consciously.

Still, it would have helped if people like Bosomworth had mentioned growth last year instead of allowing austerity to dominate the discussion...

by Metatone (metatone [a|t] gmail (dot) com) on Thu Jan 26th, 2012 at 11:08:10 AM EST
[ Parent ]

Re: Europe (none / 0)

You cannot accuse Pimco of pushing austerity, I don't think.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Migeru (migeru at eurotrib dot com) on Thu Jan 26th, 2012 at 11:09:22 AM EST
[ Parent ]

Re: Europe (none / 1)

Pimco have been very inconsistent, like many analysts and ratings agencies...

Here's one example, it gets worse the further back you go...

http://articles.businessinsider.com/2011-06-13/markets/30099802_1_uk-government-spending-economic-gr owth

Bill Gross has been particularly weird, swinging from suggesting the USA had a debt problem and was going to "collapse like Greece" a year ago or so to now signing up for Keynes...

The inconsistency has been fatal because they've always provided right-wing politicians with just enough cover to continue with austerity.

by Metatone (metatone [a|t] gmail (dot) com) on Thu Jan 26th, 2012 at 11:25:02 AM EST
[ Parent ]

Re: Europe (none / 0)

Metatone:

Pimco have been very inconsistent, like many analysts and ratings agencies...

Making money of volatile prices?

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Thu Jan 26th, 2012 at 11:52:09 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 26 January | 98 comments (98 topical, 0 editorial, 0 hidden)

. Home
. About
. Contact
. New User Guide
. FAQ
. ET Editorial Guidelines
. Search
. Search (Google)

Username:
Password:

. Make a new account
. Reset password

Recommended Diaries

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
287 comments

A Star is Born
by ChrisCook - May 23
23 comments

The French newspaper Le Monde reports 1.5 million living the...
by Democrats Ramshield - May 27
9 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
44 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

Recent Diaries

The French newspaper Le Monde reports 1.5 million living the...
by Democrats Ramshield - May 27
9 comments

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
287 comments

A Star is Born
by ChrisCook - May 23
23 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
44 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

A little American intercine battling
by rootless2 - May 14
27 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

The mainstream German Magazine Spiegel asks, has the US mixed ...
by Democrats Ramshield - May 10
27 comments

Short Term Climate Forces: Black Carbon, Methane, and...
by gmoke - May 9

Twenty days of Crisis for Cameron
by ceebs - May 9
22 comments

SYRIZA and the Eurocrats: a letter of intent
by talos - May 9
363 comments

French Parliamentary Elections: a look under the hood
by Bernard - May 8
59 comments

Why haven't we had WWIII yet?
by Migeru - Apr 30
258 comments

More Diaries...

Occasional Series

Click for full list