[…] 2. Pribor’s Combinatorial Magic […]
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TREASURE HUNT, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
Following the clues for the next bail-out of the Spanish banks is proving to be a veritable treasure hunt. To participate, follow the guide!
Initially, the EFSF (European Financial Stability Facility) is going to borrow funds on the markets, using the member states guarantees,
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France 24, “Is François Hollande’s fiscal program likely to hurt France’s competitiveness?”, at 7:10 PM, June 21st 2012
Don’t you love the way this is phrased? Can the guy ever recover from such an even-handed (cough! cough!) way of setting the issue?
Anyway, here it is.
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THE RETURN OF THE LENDERS OF LAST RESORT, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
Here is a summary of the situation. Newly named Prime Minister, Antonis Samaras is continuing to put together a government which was voted in on the basis that it would renegotiate a bail-out plan which is falling apart anyway. In supporting him without sending
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SPAIN: BOND MARKET THIS THURSDAY 21St JUNE
Spain managed to borrow 2.22 billion Euros this morning. It was hoping to raise 7.7 billion. The Wall Street Journal pointed out that this was “thanks to demand seen overwhelmingly coming from domestic banks”.
The coupon obtained by lenders for 2 years was 4.706% (compared with 2.069% on the 1st March); over
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NOTHING TO WORRY ABOUT ! , by François Leclerc
Guest post. Translated from the French by Tim Gupwell
The G20 in Los Cabos seemed like a preparatory meeting for the Summit of the Heads of State and European Governments! This seems to highlight the fact that they no longer know what to do, and are running round like headless chicken.
The same
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THE SPANISH RISK PREMIUM
There were two bond issues today, one in Spain, the other in Denmark, which allow us to carry out an interesting little calculation of the risk premium required of Spain when it borrows on the capital markets.
A short while ago the Spanish
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Le Vif/L’Express, « There is ALWAYS an alternative », June 22, 2012
This is an exclusive preview – in English! – of my column which will be published in the Belgian weekly Le Vif/L’Express this coming Thursday
The phenomenon is the way in which things manifest themselves to us, and this can be real – either with things appearing as they really are; or it can be
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FRANCE AND THE FUTURE OF EUROPE
France and the future of Europe
The fact that Spain seems to have lost all access to the capital markets for the foreseeable future, seeming thus, at first glance, to condemn the entire existence of the Eurozone, was headline news on Paul Jorion’s blog yesterday. Firstly, as discussed in the article ironically entitled “
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THE LOSS OF CONFIDENCE IN SPANISH DEBT: LIVE
In my article this morning ‘The Greeks have made the right choice’ I indicated that:
…the 10 year rate for Spanish bonds was 6.82% at opening time this morning and now stands at 7.13%. (10.25 AM).
The dramatic progression has continued: it is 2.40 PM and the rate is now at 7.22%
The correct
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[…] that’s left to do is get on with it ? So I followed DeepSeek’s advice, as I let you…
Well! It is comments such as yours that make the trip … worthy of the trouble! 😀
When I saw your work on P vs NP, I knew you were on to something profound. I couldn’t have…
Admittedly, I was a little thrown off by the direction this took. From my perspective, you (1) identified the major…
It’s wonderful seeing you at work with AI to formalize the synthesis of the insights you had so many years…
I solved it! Paradox! The epistemic barrier was always in Paradox. Maintain truth as ambiguous (Both true OR false) until…
This article goes along with what I was writing. It turns out it was published one day earlier than my…
LLMs deal essentially with language but seems amenable to graphics as well. To such an extent that one may wonder…
“the marvellous powers of the brain emerge not from any single, uniformly structured connectionist network but from highly evolved arrangements…
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