By Russ Winter (Guest Post) The market rationale that the Berlusconi toss out is bullish is patently absurd. In reality Berlusconi inherited a sinking debt trap ship, and already ran a decent austerity program for Italy, keeping...
Read MoreBy Roberto De Primis (Guest Post) When a tyrant is killed or resigns after, for instance, decades into power, we struggle to consider if the news as true. Sorry Silvio, to make this parallel with your story but when I read the...
Read MoreBy Mike “Mish” Shedlock (Guest Post) Realization the Eurozone is no longer tenable is at long last at hand. In fact, “intense discussions” have been underway for months but are just now admitted to by...
Read MoreBy Michael Snyder (Guest Post) There is absolutely nothing wrong with working hard and making a lot of money, but there is something wrong with being completely arrogant and smug about it. Today, many among the elite are...
Read MoreBy Anthony Harrington (Guest Post) By common agreement, the Bank of Japan’s intervention in the currency markets on October 27 failed in its objective to weaken the Yen. That was the third time in a year that the BoJ has...
Read MoreBy Economy Watch (Guest Post) The UN General Assembly in September saw the Prime Minister of small Asian nation Bhutan denounce what he believed to be a “monster of a consumerist market economy” that “enslaves...
Read MoreBy George Friedman of Stratfor Global Intelligence (Guest Post) Change in the international system comes in large and small doses, but fundamental patterns generally stay consistent. From 1500 to 1991, for example, European...
Read MoreBy Michael Pettis (Guest Post) Senate bill on Chinese currency intervention predictably enough brought out all the same old arguments about international trade, and just as predictably has hardened the opposing positions in the...
Read MoreBy Eric Schaefer (Guest Post) With the U.S. economy stuck in neutral, new job growth has been anemic. Over the past twelve months through September, non-farm payrolls (non-seasonally adjusted) grew by 122,000 positions per...
Read MoreBy John Lounsbury of Global Economic Intersection (Guest Post) According to the classical economists David Ricardo, John Stuart Mill and others, there are three components of capitalistic economies: land, labor capital and...
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