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The Washington ad hoc engineers

A Review by Robert A. Eisenbeis and Ellis Tallman. An add-up to the interview with the author, David Wessel, of In Fed We Trust. HIGHLIGHTS «The sense is that the participants expected each decision to...

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“The danger we are running now: to have a gilded age instead of a Golden...

“[The third surge] did not really have a Golden Age but only a gilded age. And this is the danger we are running now [in this fifth surge].” HIGHLIGHTS The risk of an overlap “There could be another...

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“The entire world is living in a debt backed money box” (Nathan Martin)

A conversation with Nathan Martin, Editor of Nathan’s Economic Edge HIGHLIGHTS “In the early stages of monetary development debt works to add to productivity, but is less effective the more debt there...

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“One way to deal with adverse tail events is to simply ride them out”...

FOREWORD to a conversation with Michael Mauboussin Facing extreme events and the “tail” surprises in a transition phase, the best advice is to ride them out, to thrive through, to have agility do...

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“Serial default is a surprisingly universal phenomenon, including the...

FOREWORD: A conversation in the middle of the financial turmoil The old rules of sovereign defaults still apply even to the rich countries and particularly to the “graduated” economies, those who...

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Cinzia Alcidi: “The blanket of guaranties required is too big for many...

Another week of crisis psychology inside the Euro Zone. Ireland jumps to 6th in a default probability worldwide ranking monitored by CMA DataVision. The price of its credit default swaps jumped to more...

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CURRENCY WARS ALERT – interview with Ben Davies (Hinde Capital)

In an interview Monday with the Financial Times, Dominique Strauss-Kahn, the head of the International Monetary Fund (IMF), warned of currency wars if the great powers started to use their currencies...

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