Category Archives: Politics

Angry Greeks Protest Arrival of Trioka

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , , | Leave a comment

Austerians Rising

Interesting chart from the Economist.  Note the Brits are  much less supportive of spending cuts as they are actually experiencing the pain of an austerity program.  In other countries austerity is more of a concept than a reality. The Economist … Continue reading

Posted in Budget Deficit, Charts, Fiscal Policy, Policy, Politics | Tagged , , , | Leave a comment

EcoFin Meets in Poland

(click here if video is not observable)

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This Time is Different

Those dreaded words you never want to hear as an investor.  But check out the Fortune Magazine graphic of this recession relative to others since the WWII.   Yes it’s a balance sheet problem and the economy needs more time to … Continue reading

Posted in Black Swan Watch, Charts, Demographics, Economics, Employment, Fiscal Policy, Policy, Politics | Tagged , , | 12 Comments

Time for the IMF and G20 to save Europe?

Provocative FT piece by Barry Eichengreen & Co.  on why the IMF and G20 need to step up and help Europe save the Euro.    The article notes Europe is in a destabilizing feedback loop, The eurozone is caught in a … Continue reading

Posted in Black Swan Watch, Euro, PIIGS, Policy, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , , | Leave a comment

Greece is the Word

The Greeks are starting to play hardball on their private sector debt swap warning the deal could crater if the 90 percent participation is not met.  We think there are other reasons why it is trouble. According to various news … Continue reading

Posted in Black Swan Watch, PIIGS, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , , | 3 Comments

Gorbachev on the End of the Soviet Union – Der Spiegel

Great interview by Der Spiegel with Mikhail Sergeyevich on the final days of the Soviet Union.   Click here for full interview.   Here are a few nuggets: SPIEGEL: Perhaps you could fill us in on a detail from the decisive … Continue reading

Posted in BRICs, General Interest, Geopolitical, Politics | Tagged , | Leave a comment

John Stewart on Ron Paul

Just in case you missed this. (click here if video is not observable)

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64% of Americans Can’t Handle a $1,000 Emergency Expense

This is a stunning stat and shows how out of touch Washington and Wall Street are with Main Street.  Imagine if gas prices spike $2.00 per gallon.    CNN writes, A majority, or 64%, of Americans don’t have enough cash … Continue reading

Posted in Demographics, Employment, Policy, Politics | Tagged , | Leave a comment

Ron Paul Fan Club

Wow! Our mailbox was packed with lots of Paulistas coming to the defense of the Congressman over the misinterpretation of our recent post about the bill he introduced to cancel Treasury debt held by the Fed.    In no way … Continue reading

Posted in Monetary Policy, Politics, Sovereign Debt | Tagged | 1 Comment