Category Archives: Politics

Fed, ECB throwing world into chaos – Stiglitz

These are the headlines from an earlier Reuters report.   Joe Stiglitz is one smart dude (OSD) and was the World Bank’s chief economist during the 1997 Asian Financial Crisis and 1998 Russian Debt Default.   He says the ultra-loose monetary policy … Continue reading

Posted in Black Swan Watch, Bonds, BRICs, China, Commodities, Credit, Currency, Geopolitical, Gold, Monetary Policy, News, Policy, Politics | Tagged , , , , , , | 3 Comments

MS Poll: 53% Believe US Debt Crisis By 2012

An interesting chart from the Business Insider of the results of a Morgan Stanley survey of 150 clients at a recent investment conference.   Shockingly, more than 50% of the investors polled believe the US will experience a sovereign debt … Continue reading

Posted in Black Swan Watch, Bonds, Credit, Monetary Policy, News, Policy, Politics, Sovereign Risk | Tagged , , , | Leave a comment

Black Swan Watch: Cyberwarfare and Iran’s Revenge

Computer World reports Iran has arrested several “spies” connected to a cyber attack on its nuclear program, “According to the Tehran-based Mehr News Agency, Heydar Moslehi, Iran’s minister of intelligence, said that “enemy spy services” were responsible for Stuxnet, the … Continue reading

Posted in Commodities, Geopolitical, Gold, News, Politics | Tagged , , , , | Leave a comment

Bloomberg to Replace Geithner?

The Washington rumor mill is buzzing!  Larry Kudlow just said a Washington insider told him Michael Bloomberg will replace Tim Geithner as Treasury Secretary.  The NY Post reported in early September the President had spoken with Bloomberg about the Treasury job.   Doesn’t he … Continue reading

Posted in Policy, Politics | Tagged , , , | 2 Comments