Greater fool theory
by“Mr Draghi announced this week that the ECB would not buy bonds yielding less than minus 0.2 percent..” – Ralph Atkins for the Financial…
Economic Cycles
Money, Money, Money
by[For the original article, please see here: http://truesinews.com/2015/03/04/money-money-money/] As the title of the blog suggests, we pay close attention to developments in money and…
THE TROJAN HORSE BATTLE FOR THE EURO
byAt a recent conference hosted by a major global bank in London I sat on a panel alongside a macro investment strategist who referred…
New high! (Zzz.)
by“The FTSE 100 has at last topped the record it set at the close of 1999. Should Britons celebrate ? Probably not.” – John…
A World In Debt
byIn his magisterial 1936 work, ‘A World in Debt‘, Freeman Tilden treated the business of contracting a loan with a heavy serving of well-deserved…
How did we end up here?
byWhile money can be made in markets on the minutest of scales, sometimes it helps to have a broader sense of perspective. After all,…
The Greatest Depression You’ve Never, Ever Heard Of
byJames Grant, in his new book The Forgotten Depression, makes a strong case for applying a prime directive of the Hippocratic Oath — “First,…
One Leg to Stand on
byHere’s a question for all the cheering QEuro fans out there. If you came across a country where both real and nominal money supply…
“A more serious disaster later on..”
by“Another day, another central bank failure. In a world of currencies backed only by confidence, every failure is masqueraded as success. Like the ballet…
Swiss National Bank abandons franc’s cap against the euro
byOn January 15th 2015 the Swiss National Bank (SNB) has announced an end to its three year old cap of 1.20 franc per euro….