Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-57901 Sun, 04 Oct 2015 13:59:07 GMT IMF's mass debt relief call for Greece set to be rejected by Europe iehi-feed-57900 Sun, 04 Oct 2015 13:56:30 GMT U.S. system designed to prevent financial crisis ‘likely to fail,' say experts iehi-feed-57899 Sun, 04 Oct 2015 13:54:44 GMT Markets are back at panic levels, says Credit Suisse iehi-feed-57898 Sat, 03 Oct 2015 22:37:19 GMT Kocherlakota Says Low Inflation Warrants Further Fed Stimulus iehi-feed-57897 Sat, 03 Oct 2015 15:51:35 GMT India's Massive Silver Demand Nearing 2x U.S. Level iehi-feed-57896 Sat, 03 Oct 2015 15:44:19 GMT Doug Noland: Party Crashing iehi-feed-57894 Sat, 03 Oct 2015 13:36:43 GMT DoubleLine's Gundlach: Expect 'another wave down' iehi-feed-57893 Sat, 03 Oct 2015 13:20:50 GMT Credit Investors Bolt Party as Economy Fears Eclipse Low Rates Frustration is growing that even after seven years of easy-money policies, economic growth remains sluggish. While the Federal Reserve is signaling that it's in no hurry to normalize interest rates, investors are increasingly worried about what the data will mean for earnings at companies that have sold $9.3 trillion of corporate bonds since the start of 2009.

"At some point the financial markets say, ‘Enough about monetary stimulus, we need real growth,'" said Jack McIntyre, who helps oversee $54 billion at Brandywine Global Investment Management LLC in Philadelphia. "Bad things happen in a low-growth environment. There's more risk, more potholes."

iehi-feed-57892 Sat, 03 Oct 2015 13:07:18 GMT Oops! Chinese Billionaire Behind New Nicaraguan Canal Loses 90% of Wealth in 3 Months iehi-feed-57891 Fri, 02 Oct 2015 20:15:08 GMT U.S. job growth stumbles, raising doubts on economy iehi-feed-57889 Fri, 02 Oct 2015 13:26:15 GMT Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can't Pay The Interest On Their Debt iehi-feed-57888 Fri, 02 Oct 2015 13:24:06 GMT Typical male worker earned less in 2014 than in 1973 iehi-feed-57887 Fri, 02 Oct 2015 13:22:08 GMT Key Global Equity Index Has "Fallen Off The Precipice" iehi-feed-57886 Fri, 02 Oct 2015 13:19:39 GMT New Metric: Get ready for a ‘destruction of wealth' as stocks head toward a bear market Carl Icahn says 'joyride' for stock market is over.]]> iehi-feed-57885 Fri, 02 Oct 2015 13:16:34 GMT About That Silver "Price Decline"? Not If You Want To Buy Any... Here's a trio of pieces from ShareLynx on silver price "premiums" (also know as the difference between the real-world physical bullion price and the manipulated, fake COMEX price):

iehi-feed-57884 Fri, 02 Oct 2015 13:04:31 GMT The illusion of liquidity - Satyajit Das iehi-feed-57883 Fri, 02 Oct 2015 13:02:51 GMT JPMorgan to pay highest fine ($595M) in $1.86B swaps price-fixing settlement iehi-feed-57882 Fri, 02 Oct 2015 02:00:26 GMT Iceland's Next Collapse Is `Unavoidable,' Employers Union Warns iehi-feed-57881 Thu, 01 Oct 2015 16:49:32 GMT Dow suffers rare 3-quarter losing streak iehi-feed-57880 Thu, 01 Oct 2015 16:36:23 GMT How Greece could collapse the eurozone - Satyajit Das The problem is not that the eurozone found itself facing serious economic challenges. The issue is its failure to anticipate the risk of such a crisis ever happening, the lack of contingency planning, and the eurozone's inability to deal with the problem on a timely basis. The Greek crisis is now over five years old, with no signs of a permanent solution.


Favorable treatment for the Greek government risks opening a Pandora's Box of demands from other countries to relax austerity measures. Demands for relaxation of budget deficit and debt level targets are likely from Spain, Portugal, Ireland, Italy, and France.

A write-down of debt would crystallize losses. It might threaten the governments of Spain, Portugal, Italy, Finland, the Netherlands, and Germany. If Greece leaves the euro EURUSD, +0.1342% , then the consequences for the eurozone are unclear. Should Greece prosper outside the single currency, it reduces the attraction of the eurozone for weaker members.