ZeroHedge interviews Sean Corrigan
Previously published at ZeroHedge … 1. Q1 EFSF. We here at ZeroHedge have labelled the EFSF as an off balance sheet CDO, whose purpose…
Big Trouble in Little China
Despite the general relief which greeted the release of China’s GDP data for the third quarter, as well as the still resilient industrial production…
No Mt Rushmore for today’s interventionists
Since the Great Financial Crisis started (in truth, since well before), we have unwaveringly maintained three main tenets in relation to how one should…
Pollyanna’s prayers
Well, that was the week that the Pollyanna’s prayers weren’t answered and the Panglosses’ pleas went resolutely unheard. Despite all the unsubtle prompting from…
No strategic Eurobank will be allowed to fail
Taking a quick run through eight of the Eurozone’s larger banks before the rebound into the weekend, we could see that they had a…
The BoE’s very own monetary crank yank in full spate
Beyond the QE2 adventure – FT Alphaville Make no mistake, the right thing to do right now is for the Bank of England and…
Talbot’s Last Lament
How can the general welfare be promoted by taxing the whole community, to make up the losses of any individual who chooses to employ…
The 10th Anniversary
A Modest Craft – Sept 12, 2001 It is at times like these that we in the financial sector are humbled in the presumption…
If it’s broke, don’t fix it!
The only part of the so-called national wealth that actually enters into the collective possessions of modern peoples is their national debt. Hence, as…
Snake oil economics
The world’s biggest, richest, most comprehensive statistical agency has just announced significant revisions to the mainstream economists’ bellwether number – US GDP – and…