Truman in English

Select articles and exclusive interviews for our anglophone readers.

Europe’s Greek Moment: Interview with Yanis Varoufakis

Europe’s Greek Moment: Interview with Yanis Varoufakis

"If Berlin comes to the conclusion that it wants 'out', it will get out itself before giving the green light to Athens to leave." -Yanis Varoufakis…

Understanding the Euro Crisis

Understanding the Euro Crisis

Greek economist Yanis Varoufakis on the roots of the crisis in the Eurozone, and his own proposals for solving it.…

CDS Implied Probability of Default – Be Careful

CDS Implied Probability of Default – Be Careful

Unless something changes in the next 24 hours, I expect we will hear more and more talk about default, not only of Greece but of other countries and of banks.…

Thoughts on the Fed’s Twist

Thoughts on the Fed’s Twist

The Twist in essence reduces to a bank subsidy.…

«I’m an Austrian in Economics»

«I’m an Austrian in Economics»

We need to dump the flat-earth theories promising that economic and financial outcomes can be planned with a high degree of certainty and need to look at other theories that accept the limits of our knowledge about the future. A revival of Austrian economics could be a good start for such a research programme.…

Big European Leaders Flex Muscle

Big European Leaders Flex Muscle

The activism of Merkel and Sarkozy should come as no surprise. French and German banks are the largest holders of Greek debt.…

German Court Opens Door to Über-Empire and Über-Collapse

German Court Opens Door to Über-Empire and Über-Collapse

It seems that the German court has fixed the country on the track of establishing an economic über-empire.…

Greece, The Eurozone, Uncertainty = Nervous Markets

Greece, The Eurozone, Uncertainty = Nervous Markets

The market is betting that Greece will default –soon.…

More of the Same

More of the Same

Like all previous stimuli, this round of borrowing and spending will act as an economic sedative rather than a stimulant.…

Job Killer in Chief

Job Killer in Chief

The sooner we regard the government as a job killer rather than a job creator, the sooner we can all get back to work.…

German Court Wields Huge Economic Power

German Court Wields Huge Economic Power

Keep your eye on German legal news. It may make more impact on your portfolio than you ever could have imagined.…

There They Go Again

There They Go Again

The media is in the midst of a campaign to ignore and undermine the presidential candidacy of Ron Paul.…

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