The current trend in Europe towards negative interest rates amounts to taxing whatever cash you have left after paying 50% in taxes. The bond auctions are starting...
The Greece crisis started precisely on the turning point for the Sovereign Debt Crisis to the day from our original projection in 1985. It was just amazing to watch...
The computer is starting to really pick up October, lining up with the ECM for 2015.75. Now the Greek government issued a decree that forces local governments to...
Greece’s debt is now cut to CCC in preparation for an eventual default. Brussels just cannot think out of the box. There will be no solution until the...
Some question about Sovereign Defaults and how often they occur seem to assume the the Age of New Economics ushered in by Keynes eliminated that possibility and...
