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They just need to get along. Greece's debt is now effectively priced in a foreign currency.
First: Anyone think the exchange rate flucuations from China will factor into the markets for the next couple years? From 2005-2008 the rate was...
Politicians say what they say because it is what people want to hear. Mitt Romney started his campaign with a bulletpoint list of economic issues...
Good choice. Cyprus was the worst hit country by Greece's restructuring earlier this year, but I think the size and scope of Cyprus will keep them...
I think one of three countries will leave the Euro currency union during 2013: Greece, Spain or Germany. Someone has to leave, or the unlikely...
The Rockets have landed James Harden, where? On the moon?
Dishonorable debt jubilee will get the economy going again. I think that this is what the Federal Reserve aims to do with this new round of...
He's about to get waived by the all-you-can-eat buffet places once they realize how broke he is.
Somebody better give Kevin his MacArthur genius grant.
2% GDP growth, 2% unemployment and 2% inflation.
I don't keep up with the Joneses. There is no reason we cannot get along. Unless people choose to live in denial, withholding reason from...
There definitely is planning involved in mobilizing the labor market - which is part of the arbitrage process. Can't build factories in countries...
Labor costs are the source of the matter, not exchange rates. Labor is not as fungible as resources, like oil or gold. Saudi Arabia sells its...
To build further on my previous post, China is not the only labor market where jobs are being exported. Existing jobs are not usually exported to...
The ancient Romans, at the peak of their empire, had a trade problem. They exported no goods of real value; they instead exported a large...
Goldman is everyone's little darling, they were late to the bets against CDOs. Check out what Mike Burry did. Firms like Goldman are salesmen, and...
Yes, and?
Did both candidates really spend half the debate talking about how they will each **** with other countries while neglecting domestic issues? Oh...
I am not undecided. I have already made up my mind and I think that both major party candidates are morons. I will vote for neither one. Belee dat!
Thank you. I can't wait until he gets to parliament.
