Daily Archives: November 9, 2011

My grandfather was born December 31, 1899.  He was in his 20’s and 30’s during the credit boom of the 20’s and resulting Depression of the 30’s when he worked as a streetcar driver in Detroit.  I was lucky enough to grow up … Continue reading →

I don’t agree that commodities can only go up in this crisis. They dropped like stones in the last two recessions, I see no reason they should act differently this time. But I like his matter-of-fact assessment of the solution … Continue reading →

This clip is from October 27 when the Eurozone announced the 50% hair cut proposal on Greek bonds and the idea of levering up the EFSF and world markets roared with short-lived excitement. But the discussion is adult and worth … Continue reading →