Sudden Debt

Whilst everyone is understandably worried about Europe'an PIIGS debt, it's also timely to examine what is happening with America...

  The U.S. Senate passes the financial overhaul bill 59-39. Some four decades ago, one of my worst chores working summers for my dad (he...

Lest we forget good old USA amidst all the euro-hand wringing, here's a graph... Data: FRB and St. Louis Fed Annual Changes In Total...

A dozen alumni from Euro U. Class of 2000, get together for a reunion picnic.  The class president, a very thoughtful and generous fellow na...

Well, whaddaya know..?  People are finally waking up to the fact that a common currency requires a common fiscal policy (duh).  This being ...

As Fifi's father listened, the stranger told him to chuck everything he was told about his daughter's illness by the so-called exper...

Some weeks ago Mr. and Mrs. Fiat's young daughter Fifi fell ill.  She sneezed and she caughed and she ran a slight temperature, but her ...

One of these days the entire world is going to wake up and realize that its debt problems are one heck of a lot bigger and more serious than...

The following anonymous email is making the rounds (It's in FT Alphaville ). “We are Wall Street. It’s our job to make money. Whether ...

Under the efficient market theory the following trade should not be possible, yet you can put it on right now: Buy 5-year Greek Government...