Tag Archives: euro
The Greatest Show On Earth
Things are getting interesting. Last week, for instance, markets offered up both a rich comedy and tragedy above any story a Hollywood screenwriter could imagine. The comedy, of course, was the Facebook IPO flop. The tragedy, fittingly, was courtesy of … Continue reading
A Wrong Against the Human Race
Last month brought forth new evidence that not only are things getting better, they’re getting worse too. For instance, borrowing by Spanish banks from the ECB hit a new record in March at 227 billion euros. The banks, in turn, … Continue reading
Spain to ECB: Inflate or Die
The Bane of Europe “Thou hast seen nothing yet.” – Miguel de Cervantes, Don Quixote In the late 15th century, the gods look down from the heavens above and smiled upon Spain. With the capture of the Emirate of Granada … Continue reading
Everything that’s Wrong with Everything
Is the economy improving or stagnating? Are businesses hiring or firing? Is the stock market a buy or a sell? Will monetary inflation prevail over debt deflation? Quite honestly, we don’t know the answers to these questions. Nonetheless, we have … Continue reading
