By Nick Rizzo
November 25, 2011

A really good overview on Angela Merkel saying “nein” to euro bonds — Spiegel

John Muellbauer: The solution to Europe’s crisis? Conditional euro bonds — Vox EU

European banks still have trillions of dollars of bad loans they’re unable to sell — IFRE

Is Canada’s current housing market frothier than pre-crash America? — The Economist

Why MF Global’s auditors could rubber stamp risk at Goldman, JP Morgan — Bloomberg

The AT&T / T-Mobile deal looks pretty unlikely to be approved — NYT

The Rise and Fall of Bitcoin — Wired

And Dan Primack argues that the internet bubble 2.0 may not have burst yet — Fortune


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@Bitcoin: The story about Nakamoto & Bitcoin by Joshua Davis in the New Yorker (The Crypto-Currency, October 10, 2011) was vastly superior IMNSHO.

Posted by EricVincent | Report as abusive

Call it blind patriotism if you choose, but I think there is a simple reason why Canada, Australia and Sweden are NOT due to the same calamity as America. The first big factor is that these are smaller countries with stable/strong economies that invest next to nil in their militaries and have vibrant multi-party discussions. Second is that while foreign investment is helping to drive prices skyward, those investments are fully paid upfront so the kind of calamity that befell America in regards to massive foreclosures has a next to nil chance. Is the Canadian housing market overpriced? Sure, but is it due for a stunning crash on the order of 25%? I wouldn’t take that bet on any terms.

Posted by CDN_Rebel | Report as abusive