Tag Archives: european central bank
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
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
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
Give Default A Chance
“Jove does not give all men their heart’s desire.” – Homer, The Iliad The Measures Are Killing Us Last week, following several shots of ouzo, the Greeks took to the streets of Athens. There, while attempting to surround Parliament, they … Continue reading
