The Last Half But It's More Than the Deficit Not Everyone Can Run a Surplus Pity the Greeks The Competitive Currency Devaluation Raceway Amsterdam, Malta, Zurich, Mallorca, Denmark, and London There are a number of economic forces in play in today's world, not all of them working in the same...
Some Thoughts on Deflation The Super-Trend Puzzle The Elements of Deflation Maine, New York, Turks and Caicos, and Europe The debate over whether we are in for inflation or deflation was alive and well at the Agora Symposium in Vancouver this this week. It seems that not everyone is ready to join the...
Six Impossible Things Delta Force Reduce your Deficits! Pity the Greeks Should the US Bail Out European Banks? Italy at Last! Alice laughed. "There's no use trying," she said" One can't believe impossible things." "I daresay you haven't had much practice," said...
Europe on the Brink And Then There Was Leverage Too Big To Save Those Wild and Crazy Swiss A Positive Third Quarter? New York and Maine We have avoided Armageddon, at least for now. The cost to the US taxpayer has been a few trillion. Some in the media are loudly announcing the end of the recession....