Sudden Debt

We all know the pitfalls of comparing apples to oranges. But what of pigs and elephants? (Note: PIGS = Portugal, Ireland, Greece, Spain). ...

The Greek debt crisis is a perfect example of what is wrong with the Credit Default Swaps market. As I have said many times previously, sta...

This story made the "front" web-page of New York Times: China Leading Global Race to Make Clean Energy . According to the articl...

I was helping one of my daughters with her physics homework the other day (subject: pressure, she's in junior high) and my thoughts wand...

Note: I was going to title today's post "Permission Denied", but then I decided to join the ranks of the Dumb Title Brigade (s...

Long-time readers of Sudden Debt (it was started on Dec. 2, 2006 with this post ) know of my insistence that credit default swaps (CDS) pus...

I have a bunch of friends, both inside and outside the finance business, who vehemently claim that countries cannot and do not go bankrupt. ...

May I offer my sincerest wishes for Christmas and the Holiday Season. I will take a break from posting for a week or so - unless there are ...

'Tis the season of giving, so it should come as no surprise that at this time Sudden Debt invokes Troy's Laocoon in Virgil's Ae...

Abu Dhabi decided to bail out Dubai (once again) by providing $10 billion in order to prevent a bond coming due today from defaulting. As ...