Ciao, il Cavaliere
Something to hang on the toilet wall, Silvio?Related link:Il cavaliere’s career told through Economist covers – Economist
Eurozone crisis porn
For those who get a vicarious thrill from watching the eurozone sovereign debt crisis and imagining how it might end (like you – Ed.) will seriously enjoy Wednesday’s scribblings ...
The end of the long con
“Around 2002, a developing country defaulted on its debt. Following protracted negotiations, agreement was reached that the bad debt would be replaced with a smaller amount of new good debt, with all investors losing around half their original investment. The...
Crisis! We’ve got new words for the crisis
Sometimes, existing words just don’t cut it and you have to come up with some new ones. Or get your readers to do it for you.In the current economic climate FT Alphaville...
A Modest Proposal..
..For Preventing Bankers From Being A Burden To Their Country, And For Making Them Beneficial To The Public It is a melancholy object to those who walk through this great town or travel in the country, when they see the...
May you live in uncomfortable times
“We have undoubtedly expanded the credit structure, spending today and postponing the accounting until tomorrow. We have been guilty of the sin of inflation. And there will be no condoning the sin nor reduction of the penalty because the inflation...
Dollar Finds Strength As Global Financial Concerns Continue To Build
A guest post from Forex Traders: The U.S. dollar was decimated during the summer and early fall as traders sold the greenback based on the expectation that the Federal Reserve was going to move forward with a second round of...
Ireland is no Island
“A Budget tells us what we can’t afford, but it doesn’t keep us from buying it.” - William Feather. “In emerging economies, public debt of more than 40% of GDP is considered dangerous. That is less than half the ratio...
“No problem”
In the interests of brevity, readers may wish over the coming weeks and months to substitute Portugal, Spain and Italy for the word "Ireland" within this week's commentary. “..Brian Lenihan, Ireland’s finance minister, told Irish radio early on Wednesday the...
The FSA’s finance fix (Part I): credit is different
Behold — your financial crisis/accounting/structured finance/financial reform reading for the weekend:The 126-page discussion paper is from the UK’s Financial Services Authority,...
Mishkin’s very own Icelandic blow-up
A squirm-inducing video of former Federal Reserve governor Frederic Mishkin:For those with an aversion to video-taped awkwardness, the clip shows Mishkin talking about his “Financial...
