Recession Blog

This whole Cypriot bailout story is plain insane (haircutting citizens, Russian money laundering, etc.). And it sounds like a terrible idea....

The historical evidence is overwhelming. Many societies have done well for a while – until powerful people get out of hand. This is an eas...

The article closes with: In the short run, Mr. Draghi has avoided disaster. In the longer run, it is hard to see a course that enables th...

Yeah, this kind of attitude and PR are really going to help your case: If successful businesspeople don’t go public to share their storie...

Next time some flag waving neanderthal is berating you with chants of "USA, USA" pull up this link : (AP) WASHINGTON - Squeeze...

Hard to justify today as more than an oversold bounce. The markets are looking for anything, and this was an excuse: Finally, note that w...

Lots of optimism out there - not: The Euro Area Is Coming to an End: Peter Boone and Simon Johnson The eurozone really has only days to ...

Mysterious Europe What I have never understood, and still don’t understand, is how European leaders think this is going to work out. What’...

This is part of the problem (as far as hot the problem is reported/perceived) - perception : Despite its desperate circumstances, however,...

Wow. So the global game of financial chicken continues to be played . At first blush this sounds like a crazy idea by Papandreou but I know ...