Showing posts with the label
Credit Crisis
You know, Deutsche Bank was really well-respected once upon a time. I am old enough to remember a time when the now-infamous Deutsche Bank had one of the highest credit ratings of European banks. But…
Guerra economica and ever after. The late Venezuelan President Hugo Chavez was once described as a " Narcissist-Leninist " by a number of economic commentators. As we've subsequently l…
For everything there is a season, a time for every activity under heaven - Ecclesiastes 3:1. If you had loaded up on gold and euros during, say, the pre-global financial crisis time frame, I suppose…
Austerity may cause the Greek speaker of parliament to literally lose the shirt off her back according to this site. From MarketWatch we receive word of the " Random Austerity Measure Generator…
From Patrick Chovanec , it's the barbershop special for Greece. I doubt whether its creditors will reduce the amount of debt they're owed by Greece this time around , but it's likely inev…
Hitch a ride with the infantile Tsipras. Andreas Lubitz , the suicidal Germanwings co-pilot who crashed an Airbus A320 into the French Alps, has understandably gone down in infamy for his actions. S…
"Psst...Tsipras! I've got you covered if you really want to finish off Greece." I am utterly entertained by the idea that Russia can help bail out Greece. True, the so-called Greek &quo…
Greece has no equivalent to Wawrinka's " Shorts of Doom ." Over the weekend, I watched the 2015 men's final at the French Open pitting world #1 Novak Djokovic [Serbia] against world…
The real Varoufakis needs to work on the pectoral definition, though. I have previously commented on the sartorial bankruptcy of Greece's leaders to complement their financial bankruptcy. Appare…
"Tsipras, you dress as crappily as you 'govern'" Ah, the tieless Greek leaders. Aside from their unreasonable demands--how can Greece stay afloat rehiring several thousands of laid …
They do [bank] run run, they do run run . Recalling the statement that Argentina was becoming Venezuela and Venezuela was becoming Zimbabwe, here's my international spin: Greece too is becoming …
Supposedly paying Lotus $40m/year for a non-competitive drive is only the start of Venezuela's folly. Amidst the wider economic turbulence worldwide, among the very first to get hit are energy ex…
Argentina needs divine intervention right about now. I am a true connoisseur of the Latin loonie left; the crazier the better. Devaluation, hyperinflation, you name it and I'm morbidly fascinated…
Let them eat cash? Mark Blyth elaborates Once more demonstrating how little understood us IPE scholars are, Yahoo! has an otherwise interesting feature on Scottish "economist" (shouldn'…
Like any other international organization, the IMF portrays itself as a technocratic institution instead of a political one. In other words, they would like others to see themselves as economic exper…
Just count 'em! How many bolivars do you need to exchange for 1 USD? Here's the handy-dandy IPE Zone guide for understanding the economic wasteland that is modern day Venezuela: 6.3 bolivars …
OK, here's the quick version of What's Going On in the World Economy. Despite the US jokeonomy failing to revive from comatose to, say, zombified as witnessed by the labor force participation…
They could use more tourists right about now I don't wanna be your lover...I just wanna be your victim - Elvis Costello's " The Beat " The post title may strike you as unusual: Ho…
