The US Debt Crisis v European Debt. An optimistic view

The Uncertainty in the US v Europe We hear daily about the crisis faced in the world markets as a result of the 27 European nations failing to reach an accord in how to debt with overwhelming debt levels in many member states. So much so that the failure of the Super Committee in the… Continue reading The US Debt Crisis v European Debt. An optimistic view

Follow up – China’s Building Boom and the Debt Of State Owned Investment Corporations

China’s Building Boom May be Coming to Earth Nov 2011 (Reuters) – The monumental, neo-Mongolian sculptures, empty plazas and hulking concrete shells of buildings in Ordos district, deep in the steppes of Inner Mongolia, are a potent symbol of how China’s property boom can turn to bust. Off the back of a thriving coal industry,… Continue reading Follow up – China’s Building Boom and the Debt Of State Owned Investment Corporations

The Future of the Stock Market

Fear Of Where the Stock Market is Headed Today, there is much fear. Many pundits over the last 3 years have prophesied the DOW falling to a fraction of its current level. We hear figures quoted for the DJIA of as low as 5,600 from its current levels of 11,000+. There are proponents of Wave… Continue reading The Future of the Stock Market

The Eurozone Debt, Public Funding, and Making Democracy More Democratic

Current Headlines on Eurozone Debt We now hear a constant refrain about how the Eurozone is about to disintegrate and the the Euro will disappear, with each European country reverting back to its own currency. The Origin of the Problem The strains in Europe arise from the initial difficulties of cobbling together many very diverse… Continue reading The Eurozone Debt, Public Funding, and Making Democracy More Democratic

How The World is Changing its Views on Debt

In our last blog, we discussed a taxi driver in Detroit with a broken meter running on fumes. We used this example to illutrate a changing world. The Super Committee That is Intended to Bridge the Gap Between Democrats and Republicans There is a committee made up of equal numbers of elected Republicans and Democrats… Continue reading How The World is Changing its Views on Debt

Michael Lewis – “Boomerang” – An Amazing Look at Greek Debt

Michael Lewis’ latest book – Boomerang Thanks to David Pescod’s “Late Edition”, we reprint some information from Michael Lewis’ latest book – Boomerang. As readers might recall, we have previously discussed Michael Lewis who has a knack for looking at the economic mess the world is in, and explaining the issues in understandable terms. His… Continue reading Michael Lewis – “Boomerang” – An Amazing Look at Greek Debt

The Effect of Italian Bonds, Bricks Made From Stacks of Money, and the DJIA which is +ve in 2011

Yesterday the DOW Jumped Up by 259 Points Two days ago, it fell by 300 points. Feels like a roller coaster ride. Whatever today’s news, the markets react, and react violently. Either they jump up, or cascade down. It Used to be Greek Default That Was Important Every day, the EU was going to advance… Continue reading The Effect of Italian Bonds, Bricks Made From Stacks of Money, and the DJIA which is +ve in 2011

The USA is Under-rated Financially – The Chinese May be The Danger, or is it the Italians, or perhaps Homeless People

Pardon my facetiousness in today’s header. It just seems so ridiculous to read these daily scary headlines. In all of the current headlines, it seems as if we lurch from crisis headline to crisis headline. It’s Not the Greeks Now, It’s the Italians Think about the headlines over the last several months. Hardly a week… Continue reading The USA is Under-rated Financially – The Chinese May be The Danger, or is it the Italians, or perhaps Homeless People

The Greece Roller Coaster – Don’t be Misled – Understand How Markets Work

The Roller Coaster Road If you ask anyone how the stock market is, they will comment on the fact that depending on the news from Greece, the stock markets zoom up, and zoom down, with equal ease and equal frequency. The syndrome is so obvious, that even the taxi drivers comment on it. In one… Continue reading The Greece Roller Coaster – Don’t be Misled – Understand How Markets Work