According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
September 30th, 2009 at 7:50 pm
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September 30th, 2009 at 10:50 pm
More impressive when a majority of the country feels this way:
Iceland rebels oppose repayment of £2.3bn owed to Britain (UK Guardian)
http://www.guardian.co.uk/business/2009/sep/28/iceland-not-repay-debt-to-britain
Thousands protest against Iceland repayment bill (Reuters)
http://www.reuters.com/article/marketsNews/idUSLD15713820090813
October 1st, 2009 at 6:24 am
that will work as well as tax protesting!
October 4th, 2009 at 12:06 am
[...] Debtor’s Revolt | The Big Picture [...]