Truman in English
Select articles and exclusive interviews for our anglophone readers.
Slow pace of bank failures holding back recovery
While I am not an advocate of more government intervention, quicker FDIC action and a similar RTC solution would go a long way to speeding up a recovery.…
After the dollar: what comes next?
I'm seeing signs that the world is moving back to gold at a breakneck speed.…
Poor People Control 61 percent of World’s Wealth
History has shown that the freer the economy, the more widely wealth is distributed.…
Bernanke Will Be Forced To Do QE3
I don’t believe the Fed will play "chicken" during an election year, and when things turn ugly they will announce QE3 and that will kick the can down the inflationary road.…
Self-Censorship and Saving Face: Japanese Media and the Aftermath of Fukushima
Freedom of the press does exist in Japan, but there is much greater self-censorship among Japanese news organizations than among their overseas counterparts.…
Who Owns Our Sovereign Debt?
The real significance of having 47% of buyers from foreign countries buying U.S. debt is that they may require better returns which makes it more difficult to sell U.S. debt.…
The “New” Wall Street Risk Management Strategy
The more things change, the more they remain the same. And that means they will do the same things all over again.…
Case And Shiller On Housing
All attempts by the government to forestall this decline have failed, and prices continue to slide.…
«Much of the global is still dressed in the clothes of the national» -Saskia Sassen
Interview with Saskia Sassen, one of the world's leading theorists on globalization.…
Bernanke’s end game
For the past five months the Federal Reserve has bought and monetized the entire net new U.S. Treasury debt...…
