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The week Kamala Harris became the 2024 Democratic nominee in 48 hours

07/25/2024

The two tumultuous weeks in July 2024 started with a sniper shooting at the former president, followed by the Republican Convention within days. The president's address calling for calm, Trump's 90 RNC address which rambled to veer off course. Second thoughts about Trump and Biden's age and calls by Democrats for Biden to withdraw after the faltering delivery in the debate. Biden has Covid and isolates for a few days. On July 22 around 1.45 pm Biden puts out a letter on X (Twitter) that he is withdrawing and giving his full support to Kamala. Within hours Harris has overwhelming support. The next day morning Harris has secured the delegates needed. By the 24th in 48 hours she has raised $250 million for the campaign and about 100,000 volunteers. A dizzying pace for 48 hours that riveted the attention of the American people and the world.

Grouped Articles

With Speech to Teachers, Harris Waded into a Fiery Education Debate

NYTimes.com 07/25/2024

Kamala Harris: A woman of firsts – DW – 07/23/2024

dw.com 07/25/2024

‘Capable’ Harris and Biden’s legacy: key takeaways from the president’s address

The Guardian 07/25/2024

Biden Says He Will ‘Pass the Torch’ to Harris in Oval Office Address After Ending Campaign

WSJ 07/24/2024

Opinion | Kamala Harris Confounds the Republicans

WSJ 07/24/2024

President Biden Addresses the Nation

YouTube 07/25/2024

Crushing debt, the humbled Irish spirit and the people of Ireland

11/17/2010

What all that debt- over 100 billion euros for a country of 4.6 million people- has done to the people of Ireland.

Grouped Articles

In Ireland, Hope of Retroactive Relief

Wall Street Journal 06/29/2012

Hardships Linger for a Mending Ireland

New York Times 12/11/2013

Ireland Shows How to Ski Down the Debt Mountain

Wall Street Journal 09/28/2015

The Debtor of the Western World

New York Times 11/18/2010

Ireland's Reckoning

BusinessWeek 11/17/2010

In Ireland, There’s an All-Too-Familiar Gloom

New York Times 12/04/2010

The need for haircuts for private debt to make an effort to solve the problem of the fifth of US homeowners under water.

09/30/2010

Carmen Reinhart points out that the government can only assume private debt at a realistic price. Without principal reductions there appears to be no solution to the problem of the fifth of homeowners in the US who are under water. This keeps acting as a drag on the economy.

Grouped Articles

Time for a Debt Haircut

BusinessWeek 09/30/2010

State Attorneys General Take Helm in Mortgage Mess

New York Times 10/29/2010

To Fix the Housing Crisis, Read the Data

New York Times 11/04/2011

Deepening Crisis Over Euro Pits Leader Against Leader

Wall Street Journal 12/30/2011

Forgiveness of Debt Could Yield Savings

Wall Street Journal 07/30/2012

Need to roll over short term debt of close to $4 trillion will limit growth in the U.S. and Europe.

07/11/2010

A trend to short term borrowing and the competing role of banks and sovereign governments in bond issuance, is likely to put additional stress on capital markets worldwide. This is true especially in Europe which has $2.6 trillion to roll over by 2012, according to analysts. The stress will ber greater on less healthy financial institutions in Europe.

Grouped Articles

Sovereign-debt managers: Rollover roulette

Economist 10/16/2010

How Righteousness Killed the World Economy

New York Times 10/12/2014

Crisis Awaits World’s Banks as Trillions Come Due

New York Times 07/11/2010

New Doubts on EU Bank Stress Tests

Wall Street Journal 07/20/2010

Debt's Deadly Grip

New York Times 08/21/2010

Tom Keene Talks with David Stockman

BusinessWeek 08/12/2010

The Japanese economy and the rising yen in 2010-2012

05/27/2010

The yen reached 86 yen to the dollar by August 2010. Chinese government accumulation of Japanese bonds was amajor factor in the yen's rise in 2010. By August 2011 the yen experienced a new surge going up to 78 yen to the U.S. dollar resulting in intervention by the Bank of Japan in currency markets. Investor flight to safe havens such as the Swiss Franc and the Japanese yen with the debt crisis in the U.S. and the Eurozone. The impact on export markets. The newly elected LDP government of Shinzo took strong action to reverse this and improve export competitiveness in 2013.

Grouped Articles

Japan's Yen Rises Above War Jitters, Deflation

BusinessWeek 05/27/2010

Japan Faces Uphill Battle in Curbing Yen's Rise

Wall Street Journal 08/04/2010

Behind Japan's Allure: Stagnancy

Wall Street Journal 08/24/2010

Electric Cars Make Japan'€™s Gas Engine Industry Anxious

New York Times 11/02/2010

Japanese manufacturers: Leaving home

Economist 11/20/2010

Nissan to 'Significantly' Reduce Japan Exports

Wall Street Journal 02/01/2011

The debt crisis that Portugal faces, after the crisis in Greece.

04/30/2010

Greece and Portugal are in much riskier shape than Argentina was when it defaulted in 2001, argues Simon Johnson.

Grouped Articles

Portugal Returns to Bond Market

Wall Street Journal 05/08/2013

Idea of Euro Exit Finds Currency in Portugal

Wall Street Journal 05/27/2013

Portugal Taps Bond Markets

Wall Street Journal 02/11/2014

Greece Defaults on IMF Loan Despite New Push for Bailout Aid

Wall Street Journal 07/01/2015

Greece, Missing I.M.F. Payment, Is Called Effectively in Default

New York Times 06/30/2015

Portugal on Road to Recovery Post-Bailout, But Scars Remain

Wall Street Journal 07/20/2015

Simon Johnson and other experts on the debt crisis in Europe.

04/15/2010

Simon Johnson, Peter Boone and other experts unravel the debt crisis in Greece and in other European countries to give a lucid explanation of what happened and what to expect.

Grouped Articles

Can Europe Save Itself?

New York Times 04/29/2010

Greece, the Latest and Greatest Bubble.

New York Times 04/29/2010

As Greek Drama Plays Out, Where Is Europe?

New York Times 04/29/2010

The Euro Trap

New York Times 04/30/2010

Too Big to Prevail?

BusinessWeek 04/15/2010

The cracks spread and widen

Economist 04/29/2010

Wall Street and the debt crisis in Greece.

02/10/2010

Grouped Articles

Wall St. Helped to Mask Debt Fueling Europe’s Crisis

New York Times 02/14/2010

Greece: How the Bond Vigilantes Left It in Ruins

BusinessWeek 02/10/2010

Europe's Original Sin

Wall Street Journal 03/03/2010

Strange Encounter: The IMF and Athens

BusinessWeek 04/22/2010

Euro Rises After I.M.F. Increases Aid Pledge to Greece

New York Times 04/29/2010

Return of the Nervous Weekend

Wall Street Journal 05/22/2010

How debt can suddenly sink firms as business swings lead to a drying up of business.

10/14/2008

It can happen to GM and Chrysler, and a near miss for Ford and Morgan Stanley. Goldman Sachs is only pretending that it did not have a near miss after Lehman's collapse. The same can happen to an architectural firm Yamasaki as corporate real estate market collapses in 2009. The volatility and nervousness in financial markets in 2008 that shut companies out of credit markets and led to the government led auto industry bailout with planned bankruptcy filings.

Grouped Articles

A Warning Light to Alert the I.M.F.

New York Times 09/21/2011

After a Financial Flood, Pipes Are Still Broken

New York Times 09/14/2013

Morgan Stanley Memo by John Mack

Wall Street Journal 10/14/2008

Anatomy of the Morgan Stanley Panic

Wall Street Journal 11/24/2008

From Fabled to Forgotten

Wall Street Journal 03/14/2009

Morgan Stanley Comes Up Golden

Wall Street Journal 07/22/2011


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