Bruce Krasting's blog

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Cyprus - Who's to Blame - Brussels? The US Navy?





Is it possible for burned Cyprus depositors to file a suit against the Troika or the US Navy? Why not?

 
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Krugman's "Smoot-Hawley Moment"





This is what the world's "smartest" economist is calling for.

 
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On the Circus in Europe





The clowns are the politicians and technocrats in Berlin and Brussels.

 
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The Week That Was - Money Centers in Focus





Only an idiot would have more than E100k in a Euro bank.

 
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Chief Actuary for SS - Raid the Retirement Fund!





Lightening does not strike twice in the same place very often, especially in Washington.

 
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Impact Imminent?





 

There is a chance that something can be done to stop what looks like a slide into an abyss. Those chance are now well below 50-50.

 
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How Black Accounts Work - A Cyprus Connection?





Assume you're a crook of some sort. You have ill gotten gains. How do you spend it?

 
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Two Sides of Cyprus





What to make of this development?

 
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On Fisker and Politics





I've got that whiff of rotten eggs again.

 
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A Different Version of the "Dumb" Swiss Banker Story





Think of a rhino that puts its head down, and just charges through the bushes. Everything gets trampled in the process.

 
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Even the CBO Snubs Ryan’s Budget Plan





The Republican jerks have squandered an opportunity to come up with anything that is even remotely feasible.

 
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On Senator Ron Johnson Vs Krugman





The beast is howling - and Krugman thinks it's his cat purring.

 
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On Closing the White House





All of D.C. is going to look dumb before this is over. Obama might get the award for deliberately mismanaging the process.

 
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Slow Money - Big Money





The Fed Doves are not thinking of that outcome. If they did, they would be not so confident on their ability to control the outcome. That, or they're bluffing.

 
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