EFTA01071566Set 9
2011-11-044p3,304w
intersection of politics and economics comes to a head in the US, Italy and Greece; Chart of the Year
I can't remember a time when stock price movements were ... time to be a politician in the birthplace of Western Democracy (Italy, Greece), or its 18th century offshoot (the US).
The United States, and the Incredible Shrinking Expectations ... sudden, destabilizing withdrawal of foreign capital. What's
happening in Italy and Greece are examples of what can take place when that is no longer the case.
Italy, Economics > Politics
https://www.justice.gov/epstein/files/DataSet%209/EFTA01071566.pdf
EFTA01164570Set 9
2011-05-103p1,696w
them to come back to the capital markets in 2012. In the case of Greece,
Ireland and Portugal, this does not appear to be working. If anything, as shown ... page 2, austerity without an exchange rate
adjustment is strangling Greece. As a result, we now enter a complex end-game best explained using a modified version of the
ancient ... Indian board game "Snakes and Ladders", applied to Greece. The game is complex, since the IMF appears focused on
saving Greece, while European policymakers appear mostly focused on saving European
https://www.justice.gov/epstein/files/DataSet%209/EFTA01164570.pdf
EFTA01171081Set 9
2011-11-046p3,274w
intersection of politics and economics comes to a head in the US, Italy and Greece; Chart of the Year
I can't remember a time when stock price movements were ... time to be a politician in the birthplace of Western Democracy (Italy, Greece), or its 18th century
offshoot (the US).
The United States, and the net-edible Shrinkingsweesuons ... sudden, destabilizing withdrawal of foreign capital. What's happening in Italy and Greece are examples of
what can take place when that is no longer the case.
EFTA01171081
U.S. long
https://www.justice.gov/epstein/files/DataSet%209/EFTA01171081.pdf
EFTA00612097Set 9
33p9,386w
particularly India, given its easy money
policies and negative real interest rates.
THEMES
> Greece will eventually default and the periphery will remain under pressure — While ... help in the short run, Greece will likely seek debt restructuring and avoid
technical default, but the result is the same. We continue to prefer spread widening in the
periphery ... excess liquidity emanating mainly from Europe, the US
and Japan. As ongoing problems with Greece signal, it is unlikely monetary policy — certainly in
Europe, but also likely
https://www.justice.gov/epstein/files/DataSet%209/EFTA00612097.pdf
EFTA01207213Set 9
2015-07-026p1,479w
sits at a bus station next to a poster reading 'YES to Greece, yes to the Euro' ahead of o referendum in Athens on July 2,
2015.
Charlotte Alfred: July ... Greek government and its international creditors reached a
breaking point this week. On Tuesday, Greece became the first developed countryever to miss
a debt repayment to the International Monetary Fund ... hold a national referendum on a new proposed bailout deal.
Creditors are insisting that Greece implement spending cuts and tax increases in order to seal
a new agreement on bailout
https://www.justice.gov/epstein/files/DataSet%209/EFTA01207213.pdf
EFTA01069647Set 9
1999-12-315p3,302w
June 6.2011 J.P.Morgan
Topics: US equity and labor markets; US Federal debt ceiling; Greece, Lysistrata and the EU bailouts; the investment
implications of Germany's plan to decommission nuclear power ... June 6.2011 J.P.Morgan
Topics: US equity and labor markets; US Federal debt ceiling; Greece, Lysistrata and the EU bailouts; the investment
implications of Germany's plan to decommission nuclear power ... Source: Congresssional Budget Office.
What do you make of the additional European aid for Greece?
In the Aristophanes play Lysistrata (c. 411 BC), the protagonist convinces all the women
https://www.justice.gov/epstein/files/DataSet%209/EFTA01069647.pdf
EFTA01165215Set 9
2011-05-234p3,000w
J.P.Morgan
Feast or Famine: an update on public and private credit markets; Why Greece o Uruguay; Fannie/Freddie post-script
Credit markets are schizophrenic things. Instead of holding to an equilibrium ... J.P.Morgan
Feast or Famine: an update on public and private credit markets; Why Greece < > Uruguay; Fannie/Freddie post-script
When the recession hit and credit spreads rose, we increased exposure ... Union in February 2010, and then one month later, instructured our managers to sell Greece, Ireland, Portugal and Spain out of
core bond funds. We are in no rush
https://www.justice.gov/epstein/files/DataSet%209/EFTA01165215.pdf
EFTA01069770Set 9
2011-07-255p3,842w
modest amount of "private sector involvement", Germany agreed to more generous financing terms for Greece, Ireland
and Portugal, and an expanded role for the EU-IMF lending facility (see following ... over 125% of GDP (the IMF estimate for next year is a
ridiculous 170%), Greece's near-term financing obligations would decline, due to debt buybacks, exchanges into long maturity ... what's not to like? Well, there are still questions about Greece:
• There's a big difference between generous financing terms and generous economic terms. Greece must still meet
https://www.justice.gov/epstein/files/DataSet%209/EFTA01069770.pdf
EFTA02411383Set 11
19p11,784w
made out to be. The
market cheer that greeted the EU package for Greece lasted just one day before the doubts resurfaced.
From early 2007 onwards there were signs that ... from the future, using debt to enjoy a standard of living that is unsustainable. Greece provides a stark example.
Standard & Poor's, a rating agency, estimates that its GDP will ... expensive public sectors?"
Sovereign default is far from inconceivable. Many people are forecasting that Greece, despite its bail-out package
from the EU and the IMF, will be unable
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02411383.pdf
EFTA01207211Set 9
2p1,076w
Truth About the Greek Loan Default
Dustin Minna July1,20B
The events surrounding Greece's default is the culmination of everything wrong with the world order
today: An incorrect view ... wrong, I think the most perverse is the cultish attitude towards debt repayment.
Greece has no ability to pay back its debt. For the last 5 years, it has agreed ... Value-added-tax(the most regressive tax in modern democracies), they have insisted on
Greece cutting corporate taxes. The elite adhere to the idea of neoliberalism. That if the country
https://www.justice.gov/epstein/files/DataSet%209/EFTA01207211.pdf
EFTA00855703Set 9
2015-05-3131p9,988w
distribution of wealth than the status quo.
Nicholas Fitz — Scientific American — April 1, 2015
******
Greece — But For How Long?
A Greek exit from the euro may soon become inevitable
Inline ... image 1
As most of you know the country of Greece is in terrible shape financially and teetering on the verge of
insolvency. But to be honest it is already ... stretched out maturities, but not enough. With a debt stock of 175% of GDP, Greece
will need more relief. Most European politicians quietly accept this. The danger lies
https://www.justice.gov/epstein/files/DataSet%209/EFTA00855703.pdf
EFTA01069667Set 9
2011-06-205p2,788w
their partners at the IMF), there appears to be another "deal" for
Greece. Let's be clear: so far, the EU and IMF have presided over a large transfer ... exposures from European banks to the
European Central Bank; an economic collapse in Greece; and the partial destruction of the civil society that has existed in
Greece since ... timeline involving Mexico and
its external creditors, the EU/IMF and Greece are somewhere in the middle, still reluctant to embrace a durable resolution
to the crisis. In Mexico
https://www.justice.gov/epstein/files/DataSet%209/EFTA01069667.pdf
EFTA00929804Set 9
2012-02-2218p6,209w
Rogoff
02/20/2012 -- SPIEGEL: Mr. Rogoff, the eurozone finance ministers are
likely to soon provide Greece with new loans totalling €130 billion ($171
EFTA00929817
billion), with the aim of stabilizing ... Will
that save the euro?
Rogoff: It is hardly the final word, even for Greece. The mountain of debt
in Greece is simply too big and the country ... competitive. Indeed, it's
going to be very difficult to keep Greece in the euro zone.
SPIEGEL: But the government has announced tough austerity measures.
Pensions are being cut, wages
https://www.justice.gov/epstein/files/DataSet%209/EFTA00929804.pdf