Sudden Debt

Hell Goes Soft (er)

2010/06/14
By Hellasious
Hell Goes Soft (er)

A note on the new look of Sudden Debt.Tiffany blue, baby blue.. call it whatever, the new design and colour palette of Sudden Debt is undoubtedly much "softer" than the previous harsh red and black, deliberately chosen over four years ago as a warning ...
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Warren’s Grande Bouffe

2010/06/12
By Hellasious
Warren’s Grande Bouffe

Today, some comic relief.The price of a lunch with the Oracle of Omaha, also known - appropriately enough - as Warren Buffett, has soared to $2.63 million.  All going to charity, of course.In the chart below we can distinguish three periods for th...
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In Memoriam: Thai McGreivy

2010/06/08
By Hellasious
In Memoriam: Thai McGreivy

Dr. Thai McGreivy, a regular commenter on this blog, passed away on Sunday night after unexpectedly suffering a massive heart attack the previous Monday.Thai made many friends here;  though I didn't get to meet him face to face, I greatly apprecia...
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Now Hear This: You Are Evicted From Eden

2010/06/02
By Hellasious
Now Hear This: You Are Evicted From Eden

Homo Economicus is being thrown out of Monetary Eden, a place of previously lush and lazy living on the cheap.  Notice of eviction has been posted at 28o44'N 88o23'W (see below).Deepwater Horizon Burning In The Gulf Of MexicoWhat does money have t...
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The War Against Finance

2010/05/28
By Hellasious
The War Against Finance

Whilst everyone is understandably worried about Europe'an PIIGS debt, it's also timely to examine what is happening with America's federal government debt, the grand-daddy of them all.In a word, it's horrible.  The debt-to-revenue ratio for the fe...
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Financial Overhaul Bill Passes Senate

2010/05/21
By Hellasious
Financial Overhaul Bill Passes Senate



 The U.S. Senate passes the financial overhaul bill 59-39.

Some four decades ago, one of my worst chores working summers for my dad (he owned  the company ) was getting sent to the bank with a bunch of paperwork.  Lines, stamps, signatures... endless time wasted.  In my school-boy estimation, bankers...
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Debt And GDP

2010/05/17
By Hellasious
Debt And GDP

Lest we forget good old USA amidst all the euro-hand wringing, here's a graph...

Data: FRB and St. Louis Fed
Annual Changes In Total Debt and GDP (Current $)   

..and here are two questions:
  1. Where did all this additional debt go (i.e.  what was it...
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If The Shoe Fits…

2010/05/16
By Hellasious
If The Shoe Fits…

A dozen alumni from Euro U. Class of 2000, get together for a reunion picnic.  The class president, a very thoughtful and generous fellow named Robert, brings everyone a new pair of shoes as a gift: the latest Nike trainer, size 10.  Very nice of you, thanks very much... says everyone as boxes are...
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The Gimp’s Suit

2010/05/13
By Hellasious
The Gimp’s Suit

Well, whaddaya know..?  People are finally waking up to the fact that a common currency requires a common fiscal policy (duh).  This being (almost) the weekend I don't feel like writing some sort of acerbic diatribe on the euro, so I'll just throw in a joke. 

A man decides to finally give...
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Fifi’s World, A Monetary Allegory – Part II

2010/05/10
By Hellasious
Fifi’s World, A Monetary Allegory – Part II

As Fifi's father listened, the stranger told him to chuck everything he was told about his daughter's illness by the so-called experts.  It was obvious that Fifi was not suffering from a simple cold, but that she had a bad case of walking pneumonia and, therefore, no matter how much aspirin she took the...
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