Monthly Archives: July 2015

Throngs of Greek people voted today against the oppressive status quo of impossible debt which has been piled on them since joining the EU monetary union in 2001.  The Greeks (and most other countries) never should have given up their … Continue reading →

Humans are consistent anyway. Lots talk about the beauty of free markets, but only so long as prices are going up. The higher and faster, the more irrational the pricing, the more confident humans get. But when necessary and inevitable … Continue reading →

Policy-pumped stock bubbles typically implode at shocking speed to the decimation of participants. China’s round trip nightmare is not over yet and offers lessons for deluded confidence in other debt pumped developed markets. See: Troubling lessons in China’s crumbling stock … Continue reading →