Ukraine: «Go West, Young Man»

Kiev is the equivalent of Kosovo as a Slavic city-of-origin. Are we seeing a replay?
Kiev is the equivalent of Kosovo as a Slavic city-of-origin. Are we seeing a replay?
Sovereign Shares

It seems clear that the likely outcome is a systemic default on systemic debt in real terms so that nominal defaults can be avoided
After «Currency Wars» Comes «The Death of Money»

“The world is getting closer to that end game every day,” says Rickards, who just finished writing the sequel to his bestselling Currency Wars.
Interview with bestselling author James Rickards.
That Pesky Marketplace – A Political Fable

When the financial markets no longer reflect the human condition, authorities must answer to true power – the marketplace.
Brennan y Kiriakou, aviones no tripulados y tortura

Brennan está cada vez más cerca de convertirse en el nuevo director de la CIA, mientras que Kiriakou está cada vez más cerca de la prisión.
The Bernanke Shock

The whole situation mirrors the late 1960s, during a period that led up to the «Nixon Shock.»
The Trillion Dollar Trick

A failure to raise the debt ceiling is not a commitment to renege on obligations. It is simply a decision to stop borrowing.
The Delicious Irony of Morris Greenberg’s AIG Suit Against the US Treasury

Let’s hope that Mr. Greenberg’s lawsuit will expose the Treasury’s dirty laundry as a catalyst to reopening alternatives to the false hope of inflating a new bubble.
Regarding the Trillion Dollar Coin

The trillion dollar coin idea is a marvel of political imagination and public ignorance.
The “Platinum Coin” and the Debt Ceiling

Being reserve currency resides as much in trust as in any other factor, and taking this step, of minting coins to pay debt and avoiding the political process, will just further encourage other countries to move away from the dollar and dollar based assets.
Congress Avoids the Cliff by Selling Us Down the River

We are now – and will remain – a debt-fueled economy for as long as the rest of the world permits this to continue.