Category Archives: Economy
Money Games
After much anticipation and hoopla, Fed Chairman Bernanke made his post FOMC meeting utterances on Wednesday. In short: No QE3, for now. More Operation Twist. Markets didn’t know what to make of it. Initially they rose on the announcement. The … Continue reading
Why the End of Uruguayan-Argentinian Bank Secrecy is Good News for Expats
Why the End of Uruguayan-Argentinian Bank Secrecy is Good News for Expats By International Man Uruguay Ends Bank Secrecy with Argentina and That’s Good News for Expats! After months of negotiations, Uruguay capitulated to OECD and Argentine demands to end … Continue reading
The Breakdown of Planned Economies
Something big is coming to a head and there’s nothing to stop it. Over the last half century – or longer – more and more intelligent and able people have become encumbered by government programs of compulsory philanthropy. In some … Continue reading
Paul Krugman Doesn’t Know T-Shirt Economics
The DOW eked out a slight gain yesterday. Nonetheless, stocks are falling. So are oil prices. Gold too. This, no doubt, brings good cheer to the Fed. For it gives them cover to print more money. Falling oil prices mask … Continue reading
