European DisasterZone

Europe looks like a disaster-zone right now. There are days when you wake up and you know something is going to hit the fan in untimely fashion. That’s when you are more than likely to want to roll over and go back to sleep, but the nagging little voice tells you to get up and…

Eurozone Banks: Confidence Gone!

As if the Greeks don’t have enough to deal with right now with their country cut off from the benefits of a national television and radio station. What is it they say in the UK? Something like ‘when it rains it pours’. You might as well get your brollies out boys and girls, as this…

Chinese Banks Ready to Go Bust

  Dive! Take cover! Or, at least, hold on to your pants in the scramble. The Chines bubble has just burst. It looks like the world is going to have egg on its face and elsewhere as Chinese banks are scrambling to get the hands on cash. Chinese cash rates didn’t just increase they shot…

Bernanke: King and I

Some have been asking for quite a while now what Ben Bernanke will be up to when he finally gets to close his office door at the Federal Reserve for the last time? Will he be sunning it on some Cayman Island beach? Will he be cut into little pieces in the tapering tantrum that…

Dark Side of Wall Street

Not so long ago, the Mayor of New York, Michael R. Bloomberg stated that people who read the Wall Street Journal don’t get killed. It came in the wake of yet another bout of US pangs of questioning doubts over whether there should be lax gun-laws in the country. People who subscribe to the WSJ…

G8: Smile!

Apparently, the highlight of the round-up of the G8 summit in Lough Erne might just have been that David Cameron went for a morning dip to swim a couple of lengths. That’s about as far as he might have got anyhow, considering that little all else was decided. But, hey, it doesn’t matter. The G8…