Category Archives: Government Debt
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
The Economic Alamo
The Economic Alamo By Jeff Thomas, International Man “And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.” – Luke 2:1, New Testament “Since the beginning … Continue reading
Looming Greek Default is the IMF’s Problem
One of the more bewildering and frustrating things about life is that you rarely get what you expect. You set out and strive for a certain goal with all the excitement and energy of a child. You may think you’re … Continue reading
