Juggling Dynamite

Danielle Park of www.JugglingDynamite.com fame was with us to talk about the end of money printing throughout the world. She believes the world’s central banks are coming to their senses and the overspending and overprinting will soon be over. My personal opinion is never count on a politician to do the right thing, especially when votes and re-election are hanging in the balance. It would be a wonderful thing if just this once, sanity prevailed over politics. It might be a first, but stranger things have happened, as when the New York Mets beat the Baltimore Orioles in the 1969 World Series. While I believe that my position is the more likely, I will defer to Danielle with the proviso that I want to see proof of this event when it happens..

Here is a direct link.

Nouriel Roubini, the New York University professor who predicted the 2008 financial crisis, and Eurasia Group president and founder Ian Bremmer talk with Bloomberg’s Tom Keene about the European debt crisis, this week’s EU summit and the coming perfect storm of sovereign risk becoming banking risk. Here is a direct link.

A few read-worthy items that crossed my desk today:

• Economists are Overconfident.  So Are You.
• The 10 greatest social entrepreneurs of all time
• Mark Cuban:  High Frequency Traders are the Ultimate Hackers
• Canadian Securities Regulators’ fines called a ‘farce’