Skip navigation
#headerOverlay{
color: #ccd6df;
font-size:11px;
line-height:130%;
}
#headerOverlay strong{
color: #ffd226;
}
#headerOverlay a {color:#ccd6df;text-decoration:none;}
#headerOverlay a:hover {color:#ffd226;}
#headerOverlay a:visited {color:#ccd6df;}
#headerOverlay a:visited:hover {color:#ffd226;}
Symbol Lookup
onloadAutoSuggest();
var pgValue = "CNBSEB";
var cmsKeyWord = "alternative investing";
var cmsNewPG = "CNBWAB";
if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';');
if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase();
for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) {
if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}}
if (cnbc_DARTFlag=="new")
{
cnbc_DARTAdCall(88,31,pgValue);
} else {
dapMgr.enableACB("SearchBox88x31",false);
dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31);
}
cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports
if (cnbc_DARTFlag=="new")
{
cnbc_DARTAdCall(728,90,"CNBGE7");
} else {
dapMgr.enableACB("USNewsBlogs728",false);
dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90);
}
NetOccupationally Hazardous.
var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124);
cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML;
Current DateTime: 09:35:26 29 Nov 2011LinksList Documentid: 45166246Bove: Why I Was Wrong on Bank Stocks
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463910", "45166246_1","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463910", "45166246_1","cnbcCommentsTxt" );
The Euro: Flawed From the Start
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45466496", "45166246_2","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45466496", "45166246_2","cnbcCommentsTxt" );
Is Germany in Trouble?
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" );
How High Should Taxes Get on the Wealthy?
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" );
Has the Bank Run Begun in Europe?
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" );
Five Reasons for Investors to Head for the Sidelines
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" );
Are Traders Cheering For the Market to Go Down?
cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" );
The Fed Wants to Be Your Facebook Friend
cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" );
MF Global's Bad Check
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" );
Translating Bill Gross: The Debt Trap
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" );
if (cnbc_DARTFlag=="new")
{
cnbc_DARTAdCall(300,900,"CNBGE3");
} else {
dapMgr.enableACB("USNewsBlogs300x250",false);
dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900);
}
Current DateTime: 11:27:44 29 Nov 2011LinksList Documentid: 38910464Expiration DateTime: 11/29/2011 11:30:44 AM
cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" );
How Europe Plans to Expand Reach of Bailout Fund
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477463", "38910464_1","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477463", "38910464_1","cnbcCommentsTxt" );
Europe's Real Problem? Deflation
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45476620", "38910464_2","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45476620", "38910464_2","cnbcCommentsTxt" );
Housekeeping: NetNet Everywhere
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45467369", "38910464_3","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45467369", "38910464_3","cnbcCommentsTxt" );
Bank Debt Is Near Record Low
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45466176", "38910464_4","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45466176", "38910464_4","cnbcCommentsTxt" );
The Euro: Flawed From the Start
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45466496", "38910464_5","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45466496", "38910464_5","cnbcCommentsTxt" );
IMF Looks to Latin America for Aid
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464591", "38910464_6","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464591", "38910464_6","cnbcCommentsTxt" );
Bah, Bah, Paul Krugman, Have You Any Wool?
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463641", "38910464_7","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463641", "38910464_7","cnbcCommentsTxt" );
Bove: Why I Was Wrong on Bank Stocks
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463910", "38910464_8","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463910", "38910464_8","cnbcCommentsTxt" );
Jon Corzine the Face of Wall Street Arrogance
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463642", "38910464_9","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45463642", "38910464_9","cnbcCommentsTxt" );
Barney Frank Leaving Congress
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45462929", "38910464_10","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45462929", "38910464_10","cnbcCommentsTxt" );
How the Fed Could Force a Euro-Crisis Solution in Just A Matter of Hours
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45462510", "38910464_11","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45462510", "38910464_11","cnbcCommentsTxt" );
Bond Vigilantes vs. America: The Battle That Never Happened
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45436940", "38910464_12","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45436940", "38910464_12","cnbcCommentsTxt" );
How European Banks Play Extend and Pretend Right Now
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45435825", "38910464_13","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45435825", "38910464_13","cnbcCommentsTxt" );
Bain Analyzes Thanksgiving
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45420337", "38910464_14","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45420337", "38910464_14","cnbcCommentsTxt" );
AIG Increased Euro Zone Exposure This Year
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45418963", "38910464_15","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45418963", "38910464_15","cnbcCommentsTxt" );
URGENT: Someone Please Publish This Chart in a German Newspaper
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45418611", "38910464_16","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45418611", "38910464_16","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" );
Email: document.write("");document.write("NetNet"+"@"+"cnbc.com");document.write('');Call: 201-735-iNet (4638)Text Message: Text NETNET followed by your tip to 26221. Current DateTime: 07:30:59 29 Nov 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 07:30:59 29 Nov 2011LinksList Documentid: 38852222John Carney
Runs this joint.
Cadie Thompson
Really, really runs this joint.
Jeff Cox
A senior writer for CNBC.com, covering the gamut of issues affecting the stock market and the economy.
Stephanie Landsman
Squawk Boxer Rebel.
Lori Spechler
A Senior Editor at CNBC, commodity trader in a former life.
Lori Ann LaRocco
A Senior Talent Producer at CNBC.
Current DateTime: 07:29:16 29 Nov 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street'
Occupy Wall Street has attracted people from all backgrounds.
The Greatest Trades of All Time
The following list of people showcases some of the greatest trades in the business.
Rogue Trading: A How-To Guide
There's a surprisingly consistent pattern to all these rogue traders.
25 Things Every Wall Street Intern Should Know
Some words of wisdom for all the Wall Street Interns this summer.
Current DateTime: 11:00:15 29 Nov 2011LinksList Documentid: 38910635Expiration DateTime: 11/29/2011 11:03:35 AM
cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" );
Even as Home Prices Fall More, Fewer Americans Want to Own
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477559", "38910635_1","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477559", "38910635_1","cnbcCommentsTxt" );
EU Officials Meet In Desperate Bid to Save Euro
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45472580", "38910635_2","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45472580", "38910635_2","cnbcCommentsTxt" );
Europe Has Three Choices, Including Collapse: El-Erian
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477287", "38910635_3","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477287", "38910635_3","cnbcCommentsTxt" );
ECB Must Act or It Is 'Game Over': Economist
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45473270", "38910635_4","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45473270", "38910635_4","cnbcCommentsTxt" );
Retirement Preparation in US Reaching Crisis Levels
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45475874", "38910635_5","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45475874", "38910635_5","cnbcCommentsTxt" );
American Airlines Parent Files for Bankruptcy Protection
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45474358", "38910635_6","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45474358", "38910635_6","cnbcCommentsTxt" );
AMR Filing Shows Airline Deregulation Failed: Ex-CEO
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477274", "38910635_7","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45477274", "38910635_7","cnbcCommentsTxt" );
The World's Best Places to Live 2011
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45471291", "38910635_8","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45471291", "38910635_8","cnbcCommentsTxt" );
Crisis in Europe Tightens Credit Across the Globe
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45476653", "38910635_9","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45476653", "38910635_9","cnbcCommentsTxt" );
Cain Reassesses Campaign After Another Allegation
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45478246", "38910635_10","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("45478246", "38910635_10","cnbcCommentsTxt" );
cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" );
» HelpCurrent DateTime: 07:30:59 29 Nov 2011LinksList Documentid: 38851925Subscribe to this RSS feed
Stay up to date with NetNet.
setDefault('cnbc_textbody');Europe's Real Problem? DeflationPublished:
Tuesday, 29 Nov 2011 | 10:28 AM ET Text Size By: John CarneySenior Editor, CNBC.com
#divButtons .gig-button-container-facebook-like {margin-right:-2px;}
#divButtons .gig-button-container-twitter {margin-right:15px;}
#divButtons .gig-button-container-google-plusone {margin-right:-16px;}
#divButtons .gig-button-container-linkedin {margin-right:17px;}
var params ={
userAction:ua,
shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}],
containerID: 'divButtons'}
gigya.services.socialize.showShareBarUI(conf,params);
European markets experienced a rare moment of respite yesterday, but this was just a pause in the panic. No comprehensive solution to the continent's sovereign debt woes seems to be near at hand.
Why can't policymakers and market participants come to a consensus about what needs to be done? I suspect the problem is a serious misunderstanding about what is actually happening in Europe and why it will have dire economic consequences.
Europe is experiencing a stealth monetary contraction, which is another way of saying it is undergoing massive deflation
span#ExplainsLink a, span#ExplainsLink a img, span#ExplainsLink a:visited img, span#ExplainsLink a:visited {border:none;}
Read Full Article »
