Beyond Repair – This will not have a happy ending
byThe main problem with having discussions about economics and financial markets is this: People look at these complex phenomena through entirely different prisms; they…
How much EU debt can be written off through cross cancellation?
byConsider this diagram showing the billions of euros that each of 8 EU countries owes the other. Whilst the numbers are far from perfect,…
Free, Fractioned, and Flawed?
byOf late, there has been a vigorous renewal of the old debate regarding the advisability or otherwise of allowing free banking institutions – otherwise…
Hugo Salinas Price: Silver to be monetised this year in Mexico?
byMulti-Billionaire Hugo Salinas Price and the Mexican Civic Association Pro Silver, A.C., have pushed the Mexican government for over a decade to provide silver…
Monetary Policy, the Federal Reserve, and the National Debt Problem
byThe following testimony was delivered before the House of Representatives Subcommittee on Domestic Monetary Policy and Technology, chaired by Congressman Ron Paul (R-Texas), on…
Cobden Partners Launched
byOne of our regular Cobden Centre contributors, Gordon Kerr, is a structured finance banker who recently co-drafted a Bill put before the UK Parliament…
Jamie Whyte: The High Cost of a Cheap Pound
byThe Cobden Centre’s Jamie Whyte writes an excellent piece in this morning’s Wall Street Journal on the alleged economic merits of currency devaluation; he…
Market Thoughts: Commodities, U.S. Treasuries, Greece
byAccording to the mainstream press, the reason behind the present sell-off in commodities – and in many so-called ‘risk-assets’ (stupid really, all assets are…
The People vs. Goldman Sachs
byThe latest Rolling Stone article from ‘Vampire Squid‘ author Matt Taibbi: They weren’t murderers or anything; they had merely stolen more money than most…
A Long Way from Reaching Our Peak
byInspired, among others, by the typically apocalyptic, ecological maunderings of Jeremy Grantham (the renowned investor here providing us with classic evidence of the general…