Oct 1

Argentine Central Bank Chief Quits in Currency Dispute;

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of "provoking a devaluation…

Add Your Comment

Read Article
Sep 30

Draghi Pressures ECB to Buy “Junk-Rated” Loan Bundles

On September 4, ECB President pulled out a financial bazooka including a pledge to build up the ECB's balance sheet…

Add Your Comment

Read Article
Sep 29

US Bombed Wrong Refineries in Syria; Iran Seeks

US Bombed Wrong Refineries in Syria Oil is in the news in many countries in many ways. Let's take a look…

Add Your Comment

Read Article
Sep 28

Reflections on Catalonia, Crimea, Iraq, California, Nation Building

Catalonia Independence Vote to Proceed on Schedule  Arthur Mas, president of Catalonia declared today that the vote for independence of that…

Add Your Comment

Read Article
Sep 27

Wasted Money: Delegation of Governors Make Surprise Trip

Ways to waste money in Afghanistan are endless. Here's another case in point: Cuomo Makes Surprise Trip to Afghanistan. Gov. Andrew…

Add Your Comment

Read Article
Sep 26

Taliban Storm Afghanistan, Beheadings Galore

Having spent well over $3 trillion dollars in Iraq and Afghanistan what do we have to show for it? Shias aligned…

Add Your Comment

Read Article
Sep 25

Blue Ribbon for Sanction Craziness: Italy Seizes Hotel

What's Russia to do? Stand back and let the US and Europe escalate sanction after sanction, or respond in kind? Either…

Add Your Comment

Read Article
Sep 24

Housing Prices, “Real” Interest Rates, and the “Real”

With housing prices still rising, albeit more slowly, inquiring minds might be wondering about "Real" interest rates and the "Real"…

Add Your Comment

Read Article
Sep 23

Battle for Perpetual War is Won; US Admits

Victory Announced in Battle "for" Perpetual War The warmonger dream of perpetual war has been won: US says Attacks on Isis…

2 Comments

Read Article
Sep 22

Strange Bedfellows: To Fight ISIS, US Now Supports

Strange Bedfellows US Mideast relationships get stranger every day. The US has come to the defense or has given aid to…

Add Your Comment

Read Article
Sep 21

ECB Executive Board Urges Germany to Borrow and

In a foolish as well as never-ending attempt to prevent price deflation and revive growth, the ECB Urges Berlin to…

Add Your Comment

Read Article
Sep 20

French Farmers Upset Over Falling Prices, Torch Tax

As a direct result of sanctions on Russia, there is an overabundance of fruits and vegetables in France, Spain, Poland,…

Add Your Comment

Read Article
Sep 18

ECB’s Targeted Lending Spree Starts Out As Flop;

Following on the "success" of the ECB's LTRO (Long Term Refinance Operation) which did nothing to spur lending and everything…

Add Your Comment

Read Article
Sep 17

Venture Capital Risk Taking and Cash Burn Rates

Venture capital risktaking and burn rates on cash are at levels that exceed the technology bubble in 1999. Companies that…

Add Your Comment

Read Article
Sep 16

Counting Sheep: French Government Faces Second No Confidence

Second No Confidence Vote in Six Months In spite of the fact the Socialist party holds a majority of just 1…

Add Your Comment

Read Article
Sep 15

47% of Chinese Billionaires Want to Leave China

A Barclays' survey of over 2,000 individuals with a net worth over $1.5 billion contains some pretty interesting results. Those in…

Add Your Comment

Read Article
Sep 14

Stiglitz vs. Krugman on Scotland; Polls Diverge; New

New Fearmongering Tactics In the waning moments UK prime Minister David Cameron warns Scots "Leave and You Go Forever". Actually, the warning…

1 Comment

Read Article
Sep 13

China Industrial Growth Slows, Power Generation Negative 1st

Cries for more stimulus ring loudly in China because Chinese industrial output slowed to 6.9%. That is a number that…

Add Your Comment

Read Article
Sep 12

RBS, 4 Other Banks Warn of Relocation to

Tale of Two Countries Fearmongering in Scotland hits fever pitch as RBS and four other banks threaten to leave the country…

Add Your Comment

Read Article