Archive - Aug 2012 - Blog entry

To be correct, it is a series of games of chicken, as next to the different sovereigns, the ESM/ESFS, the ECB, and why not the IMF, below the sovereigns there are the regions, be it in Spain or, as it stands, in Germany.

The Swiss are the envy today. Soon they will be goats.

The ear-piercing screech of the German export machinery as it down-shifts....

American Officials Admit that the U.S. Is a Huge Sponsor of Terrorism

In simple terms Europe is a HUGE deal for everyone. We’re not talking about some distant region far off in the distance that we will watch go down from our decks. We’re talking about systemic risk on a scale that would make 2008 look tiny in comparison.

Rosy econ data + low valuations in markets + cure to European debt crisis, Abercromie & Fitch, Aeropostale, etc. a screaming buy?

Keep kicking that can....

Do you really want to spend $200k to get that MBA?

An ‘attack on democracy’ ... and a new term for ECB printing ops: ‘euro-socialism’

I just finished Days of Destruction, Days of Revolt by Chris Hedges and Joe Sacco. It is superb, and I've spent a fair amount of time typing in passages from the book below in order to capture some of its theme.

As we were told by our President, the private sector economy is doing fine. Sometimes, however, facts get in the way of propaganda.

Will the Peasants Go Medieval?

Some odds and ends, plus a very scary report on China

If the political tsunami underway in Maine is any indicator, the November 2012 election will be fascinating and unpredictable

It’s Not Just The “London Whale”