Debt limit nonsense
Some things are stated as fact which are nothing of the kind. Right up until the Congressional deal raising the debt ceiling news anchors…
Read MoreSome things are stated as fact which are nothing of the kind. Right up until the Congressional deal raising the debt ceiling news anchors…
Read MoreGreece has now defaulted, and other eurozone governments as well as agencies such as the International Monetary Fund, European Central Bank and European Investment…
Read MoreGreece was bailed out for the second time in four months. Or did it default? Well, a bit of both, I guess. All bondholders…
Read MoreI was glad to see Cobden Partners’ Gordon Kerr on Bloomberg yesterday, explaining why the Greek bailout will fail: As I wrote elsewhere, the…
Read MoreThe original worry was whether Greece would default. Then it became a question whether it should it default. Now it is a question of…
Read MoreThis was another hectic week for financial markets, and nerves were calmed somewhat over the past 24 hours with another liquidity injection from the…
Read MorePhase 1: Greenspan, the arch money crank The Greenspan “put”, and the collective adoption by most central bankers of low interest rates after the…
Read MoreVia Labour’s dishonesty is leading us down the road to sovereign default, Liam Halligan launches a scathing attack on Alistair Darling, Gordon Brown and…
Read More