Category Archives: Government Debt
This is War
Exactly 20-years ago this month we got our first email address. We were entering freshman year of college. Along with a student identification card we received an email account. The World Wide Web was a Wild West frontier at the … Continue reading
Deflation with a Capital D
There’s a good ole fashioned market panic taking place in the Far East. Buyers of Chinese stocks have become scarcer than hen’s teeth. Even the highly visible hand of the Chinese government can’t arrest the freefall. On Monday, for example, … Continue reading
China’s Exercise in Futility
At the moment, it appears the Chinese government has forestalled a full stock market meltdown. To do so, the People’s Bank of China made direct purchases of stocks trading on the Shanghai Stock Exchange. What type of chimera is this? … Continue reading
Playing the Hand Dealt
Does anyone really care about Greece anymore? The ‘Grexit’ talk has been going on for years. It became dull, tedious, and exhausting long ago. Unquestionably, Greece’s relationship with Europe is ugly. Greece owes more money than it can possibly pay … Continue reading
