Sudden Debt

It is not because things are difficult that we do not dare, it is because we do not dare that they are difficult.

Tuesday, June 26, 2012

Debt Distribution

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We know that debt is not equally distributed across our society.  That is to say, lots and lots of people OWE debt but very few, proporti...
3 comments:
Monday, June 18, 2012

Of Men And Their Donkeys

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OK, Greek voters did what they could , never mind what they should.  In last Sunday's elections they favored one of the pro-eurozone, ...
3 comments:
Wednesday, June 6, 2012

It's All About The Real Economy, (Stupid!)

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The Eurozone Crisis... what is it about? a) Debt b) Deficits c) Currency rates d) None of the above The correct answer is.. ...
4 comments:
Sunday, June 3, 2012

Never Underestimate...

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From an article in today's NY Times ... “The market is massively short Europe,” said a hedge fund trader based in London not authoriz...
Friday, May 25, 2012

The 60% Solution

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There's an intriguing idea making the rounds in the Eurozone: issue Eurobonds backed by all the nations participating in the currency...
6 comments:
Friday, April 27, 2012

Update on Quo Vadis EUropa..

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The Socialist leader Francois Hollande won the first round of French presidential elections and is now the favorite to win the second and ...
16 comments:
Friday, April 20, 2012

Quo Vadis, EUropa?

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France holds the first round of its presidential elections this Sunday and Greece has scheduled  parliamentary elections for May 6, coinc...
4 comments:
Monday, April 9, 2012

It's Been A While...

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This is the first post in some months... but it's not that I've been away or extraordinarily busy.  Rather, I've been "di...
14 comments:
Tuesday, December 20, 2011

Debt Issuance: Boom to Bust

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A short post today. First of all, may I wish everyone a very Merry Christmas and Happy New Year. Secondly, a rather interesting chart (c...
10 comments:
Monday, November 28, 2011

Debt of The Financial Sector

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Here's a scary chart, one that I believe explains why the current Debt Crisis merits capitalization, and why it won't go away easil...
16 comments:
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Hellasious
I was educated as a chemical engineer but spent almost my entire career in finance, particularly in money, FX and bond markets. The name stands for Hell-as-IOUs and the picture points to Quixotic endeavors.
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