June 22, 2015

The Mount Rushmore rule

Blocking a lame progressive turn.

April 28, 2015

There May be Dragons

We've never sailed the seas our global financial system is sailing right now. 

April 21, 2015

Quantitative Easing with a Chinese Face

The Chinese adopt QE -- a smart move, or simply trend-hopping?

April 11, 2015

Structural Failure and QE and ZIRP

The financial wizards have painted themselves into a corner.

March 14, 2015

Why Should We Care about Greece?

Any government being crushed by sovereign debt in sums too large to ever be repaid, and facing unrelenting illiquidity from insupportably large interest payments, will act precisely as the Greeks are acting now.

December 3, 2014

Federal Debt Crosses $18T Line

Trouble ahead.

November 3, 2014

Hara kiri by yen

The Japanese have a tradition of ritual suicide when the path to victory has closed.

October 17, 2014

Reality Returning with a Vengeance

With the end of QE, reality is about to assert itself on the financial markets.

September 26, 2014

Winning the Debate

Progressives are bred in herds. Conservatives are created one mind at a time. One need only appeal to an optimistic vision based in reality and delivered to exploit progressive nihilism to notch a win.

September 21, 2014

Crony Capitalism and Progressive Desperation

Why progressives inevitably turn to crony capitalism.

September 14, 2014

The 1999-2008 Housing Mess: A Diagnosis and Prescription

Progressives are back, demanding a rerun of the credit policies that caused the Great Recession.