Money and Finance
- John Mauldin: You Can’t Be Serious
I admit to being surprised by Cyprus. Oh, not the banking crisis or the sovereign debt crisis or the fact that its banks were eight times larger than the country itself or even the fact that the banks were bloated with Greek debt that had been written...
- Demand For U.s. Debt Is Not Limitless - By Lawrence Goodman
Thanks to Will for passing this along. The conventional wisdom that nearly infinite demand exists for U.S. Treasury debt is flawed and especially dangerous at a time of record U.S. sovereign debt issuance. The recently released Federal Reserve Flow of...
- John Mauldin: Unintended Consequences
Let me introduce Mauldin's Rule of Thumb Concerning Unintended Consequences: For every government law hurriedly passed in response to a current or recent crisis, there will be two or more unintended consequences, which will have equal or greater negative...
- Michael Lewis Interview
I want to ask you about your experience as a financial writer. I will start with your most recent book, Boomerang, and then move to some more general questions.Did your interview in Boomerang of Kyle Bass, the founder of Hayman Capital Management in Dallas...
- Professor Steve Keen: The Debtwatch Manifesto
The fundamental cause of the economic and financial crisis that began in late 2007 was lending by the finance sector that primarily financed speculation rather than investment. The private debt bubble this caused is unprecedented, probably in human history...
Money and Finance
GMO whitepaper: Et tu, Berlusconi? The Daunting (But Not Always Insuperable) Arithmetic of Sovereign Debt - By Richard Mattione
In this white paper, Rich Mattione constructs a simple model that attempts to arithmetize the dynamics of sovereign debt and then applies several hypothetical scenarios specific to the European sovereign debt problem, concluding that the arithmetic of Europe's sovereign debt crisis is daunting, but not insuperable.
- John Mauldin: You Can’t Be Serious
I admit to being surprised by Cyprus. Oh, not the banking crisis or the sovereign debt crisis or the fact that its banks were eight times larger than the country itself or even the fact that the banks were bloated with Greek debt that had been written...
- Demand For U.s. Debt Is Not Limitless - By Lawrence Goodman
Thanks to Will for passing this along. The conventional wisdom that nearly infinite demand exists for U.S. Treasury debt is flawed and especially dangerous at a time of record U.S. sovereign debt issuance. The recently released Federal Reserve Flow of...
- John Mauldin: Unintended Consequences
Let me introduce Mauldin's Rule of Thumb Concerning Unintended Consequences: For every government law hurriedly passed in response to a current or recent crisis, there will be two or more unintended consequences, which will have equal or greater negative...
- Michael Lewis Interview
I want to ask you about your experience as a financial writer. I will start with your most recent book, Boomerang, and then move to some more general questions.Did your interview in Boomerang of Kyle Bass, the founder of Hayman Capital Management in Dallas...
- Professor Steve Keen: The Debtwatch Manifesto
The fundamental cause of the economic and financial crisis that began in late 2007 was lending by the finance sector that primarily financed speculation rather than investment. The private debt bubble this caused is unprecedented, probably in human history...