Monthly Archives: January 2015

The Global Minotaur: The Crash of 2008 and the Euro-Zone Crisis in Historical Perspective

This panel discussion is long and detailed, but well worth the time. Especially the second half. The most relevant and insightful comments I have heard in some time. Enjoy. The Global Minotaur: The Crash of 2008 and the Euro-Zone Crisis … Continue reading

Posted in Main Page | Comments Off on The Global Minotaur: The Crash of 2008 and the Euro-Zone Crisis in Historical Perspective

Varoufakis: Bankers are the lazy grasshoppers, not debt-enslaved Greeks

The newly appointed Greek Finance Minister has been writing and speaking about the European crisis for years as an academic. He wrote a paper proposing steps to resolve the Euro crisis in July 2013, with University of Texas colleague James … Continue reading

Posted in Main Page | Comments Off on Varoufakis: Bankers are the lazy grasshoppers, not debt-enslaved Greeks

Retail in secular retreat

Big retail chains are announcing closures, downsizing and bankruptcy.  This will mean more layoffs.  For some recent updates see: Retail Detail: A Slew of Companies Filing for Chapter 11. Here is a direct video link. Analysts are suggesting “no compelling … Continue reading

Posted in Main Page | Comments Off on Retail in secular retreat