Most also sprach econ log related news are at:
cloudedoutlook.blogspot.com
– Clouded Outlook
UK house prices down 16 percent from their peak 8 Dec 2011 | 05:56 pm
For the last two years, UK house prices have bounced around. One month, they are up; the next they are down. November was a down month, but who knows, January could record an increase. Overall, hou...
Why the ECB refuses to be a Lender of Last Resort 1 Dec 2011 | 04:22 pm
Paul De Grauwe The euro has a matter of weeks to save itself, with several institutions now preparing for its collapse. Given this, why does the ECB still refuse to bail out Europe’s heavily indebted...