Cameron chose well
The markets are telling us that there is a painful abscess in Europe, with the Euro at its core. We believe it is driving…
There is too little gold in the West
The Road to a New Serfdom
Another week of creeping Euro-consolidation was the backdrop to a further round of severe market stress which briefly saw Spain trade at 500 over,…
Last one out, please turn out the lights
The release of China’s latest batch of inconsistent and methodologically opaque official statistics were—cue Captain Louis Renault for effect—just about perfect for the job…
ValueWalk interviews Detlev Schlichter
Reproduced by kind permission of Jacob Wolinsky at ValueWalk.com Can you tell us a little bit about your background? I studied economics in my…
Europe’s future is coming into focus: hyperinflation
As you know, my expectations were low to begin with. I did not expect the EU summit on the debt crisis to provide a…
ZeroHedge interviews Sean Corrigan
Previously published at ZeroHedge … 1. Q1 EFSF. We here at ZeroHedge have labelled the EFSF as an off balance sheet CDO, whose purpose…
Groundhog Year!
“If you are going to buy worthless banks then it makes sense to use worthless money to do it.” – Posting on The Daily…
No strategic Eurobank will be allowed to fail
Taking a quick run through eight of the Eurozone’s larger banks before the rebound into the weekend, we could see that they had a…
Literae humaniores
TB: Tim Price is a fund manager who has a very good grasp of economics and certainly is Austrian-aware and supportive. Like many who…
Steve Baker on the IMF
I follow Steve Baker’s speeches in Hansard with interest, and there have been many good ones, but his recent discourse on the IMF stands…