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As we watched the new civil rights epic Selma this weekend, I could not help but see parallels between the struggle against the tyranny of the racial status quo in America in the early 60’s and the struggle against the … Continue reading →

As the bankers keep assuring the world that all is well–why are government bond yields nil to negative and central banks buying up dodgy debts all over the world then?–anyway, as the bankers push the ‘America is a self-sustaining engine … Continue reading →

Draghi rolled out his much threatened QE bazooka yesterday and global inflation expectations have plunged further in response. Commodities and North American yields are falling some more… Belief in monetary magic may have felt fun while it lasted. Unfortunately after … Continue reading →