11-11/12 :: November/December 2011
nanotimes Trends Quotes
“The simple, fair, and best solution to the global debt crisis is the same as it ever was: 1. Acknowledge the problem 2. Restructure the debts 3. Move on (…).
And as hedge-fund manager Kyle Bass recently re- marked, capitalism without bankruptcy is like Catho- licism without hell.”
Henry Blodget: There‘s An Easy, Fair Solution To The Global Debt Crisis -- Too Bad No One Ever Talks About It, In: Business Insider, November 26, 2011, http://www.businessinsider.com/how-to-fix- debt-problem-2011-11
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“A eurozone collapse in the immediate future would be widely perceived as a catastrophe, which should at least serve as a source of hope for the future. But if it collapses after several years of perverse macroe- conomic policies required by countries’ treaty obli- gations, the end, when it comes, will be regarded not as a calamity, but as a liberation.”
Kevin O‘Rourke: A Summit to the Death: http://www.project-syndicate.org/commen tary/orourke1/English
Biggest Gainers / Decliners
Headwaters (HW) +6.84% (12/05/2011)
“The eurozone has no credible plan to fix the flaws of the eurozone, apart from greater fiscal austerity: there is to be no fiscal, financial or political union; and there is to be no balanced mechanism for economic adjustment on both sides of the creditor- debtor divide.”
Martin Wolf: A disastrous failure at the summit, In: Financial Times, December 13, 2011
Metabolix (MBLX) +19.30% (11/30/2011) -11.42% (12/08/2011)
Molycorp (MCP) +5.38% (11/22/2011)
NeoPhotonics (NPTN) -6.13% (11/29/2011) +6.65% (12/02/2011)